DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and surging oil prices following Russia’s invasion of Ukraine.
JIDDAH, Saudi Arabia (AP) — Yemen's Houthi rebels attacked an oil depot on Friday in the Saudi city of Jiddah ahead of a Formula One race in the kingdom. It was the rebels' highest-profile assault yet, though Saudi authorities pledged the upcoming grand prix would go on as scheduled.
DUBAI, United Arab Emirates (AP) — Yemen's Iran-backed Houthi rebels this week struck the same oil storage tank in the Saudi Arabian city of Jiddah they had previously hit a year and a half ago, satellite photos showed Tuesday.
DUBAI, United Arab Emirates (AP) — The world’s largest oil company, Saudi Aramco, reported $30.4 billion in third-quarter net income on Sunday, bolstered by a surge in oil prices and recovery in demand as the coronavirus pandemic eases.
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state oil giant acknowledged Wednesday that leaked data from the company — files now apparently being used in a cyber-extortion attempt involving a $50 million ransom demand — likely came from one of its contractors.
DUBAI, United Arab Emirates (AP) — Saudi Arabia's key stock market suspended trading Wednesday over what it referred to as an unexplained technical glitch.
Saudi state television reported the trades halting on Riyadh's Tadawul in an urgent on-screen graphic, with an anchor saying officials were trying to fix the problem.