MOSCOW. Feb 3 (Interfax) - The OPEC+ Joint Ministerial Monitoring Committee (JMMC), which is co-chaired by Russia and Saudi Arabia, has decided not to change the current oil production policy, OPEC ...

OPEC+ didn’t make any changes to its existing oil-production plans at a review meeting on Monday, even as President Donald ...

Pakistan on Monday signed an agreement with the Saudi Fund for Development to defer by one year a $1.2 billion payment on the ...

A delegation of Saudi Fund for Development (SFD), led by Sultan bin Abdul Rahman Al-Marshad, Chief Executive Officer (CEO) ...

Oil became more than a fuel – it was the substance that came to dominate our lives. A petrochemical shift to the rise of an ...

RIYADH — Finance Minister Mohammed Al-Jadaan stated that non-oil activities accounted for 52% of Saudi Arabia’s real GDP in ...

The expanded effort is part of what the company’s CEO described as ‘the world’s largest single-jurisdiction exploration ...

Saudi Arabia and the United Arab Emirates are seen by Russia as possible venues for a summit between U.S. President Donald ...

Senior Russian officials have visited both Saudi Arabia and the UAE in recent weeks. Read more at straitstimes.com.

The nearly 10% increase in the number of workers in the last fiscal has taken the strength of the Indian community in Saudi ...

The president says lower prices could solve a range of problems, but finds early resistance in the oil market.