Saudi oil

Saudi Arabia begins curtailing daily output

Saudi Aramco has started reducing production earlier this week ahead of the May 1 deadline when new OPEC+ output targets kick in, according to a Saudi industry official familiar with the matter. Aramco started to reduce production …

Saudi Arabia’s oil stock gambit

It's the basic successful investment rule: buy when everyone is selling and sell when everyone is buying. The rule has been proved right by many a legendary figure in the investment world. Now that they've crashed energy markets the …

Royal IPO

What Saudi Arabia's energy shake-up says about its oil plans