Saudi Arabia's Minister of Investment Khalid al-Falih asserted that the Gulf state's FDI increased by 12%.

Saudi Arabia, the group’s defacto leader, is seeking to balance global oil markets before 2020.

The Aramco bond deal will close on Wednesday.

Saudi Energy Minister had said in January that the state oil giant will be listed by 2021.

Crude producers in the US are pumping a record 11.7 million barrels a day.

The Saudi Crown Prince showed expectional warmth towards Modi from personally receiving the Indian PM outside meeting venue.

Sunday's meeting was attended by OPEC and non-OPEC countries with several oil ministers.

“The oil market is producer driven; and both the quantity and prices are determined by the oil producing countries,” Modi told a meeting of...

Consumers can rest assured that “their energy supplies are available, Saudi Energy Minister said.

The hedge fund manager is of the view that a triple digit oil price will not dampen growth but is necessary to boost investment outside of ...

The planned sale of 5 per cent of Aramco could bring Saudi Arabia $100 billion.

The decision to extend the cuts to the end of March 2018 was a foregone conclusion.

Exchanges in London and New York are vying for a role in Aramco’s IPO.

Oil prices will never be $100 per barrel as industry can grow production even with oil trading at today’s prices.

Qatar's energy minister, Mohammed al-Sada, whose country holds the rotating presidency of the OPEC oil exporting cartel, also said the "dif...

India's largest software exporter said it has opened Saudi Arabia's first all-female BPO centre, which will provide employment to 3,000 wom...

Saudi Aramco, the world's biggest oil producer, plans to invest $40 billion a year over the next decade to keep oil production capacity ste...