Oil

Riyadh, Saudi Arabia.Johnnygreig | E+ | Getty ImagesCrashing oil prices triggered by waning demand, global trade war fears and growing crude supply could more than double Saudi Arabia's budget deficit, a Goldman Sachs economist…

Saudi state oil producer Aramco reported on Tuesday a decline in net profit to $106.2 billion in 2024, down from $121.3 billion in 2023.The company said it expects total dividends for 2025 of $85.4 billion — a significant fall from…

The BP logo is displayed outside a petrol station near Warminster in Wiltshire, England, on Aug. 15, 2022.Matt Cardy | Getty Images News | Getty ImagesBritish oil major BP on Tuesday posted a sharp drop in fourth-quarter profit on weaker…

President Donald Trump speaks to members of the press in the Oval Office of the White House on Jan. 30, 2025.Kent Nishimura for The Washington Post | Getty ImagesDonald Trump has confirmed he will impose 25% tariffs on imports from…

A Shell logo is displayed on May 03, 2024 in Austin, Texas.Brandon Bell | Getty Images News | Getty ImagesBritish oil giant Shell on Thursday reported a significant drop in annual profit, citing higher exploration write-offs, lower…

US President Donald Trump speaks to the media after signing executive orders in the Oval Office of the White House in Washington, DC, on Jan. 23, 2025.Roberto Schmidt | AFP | Getty ImagesPresident Donald Trump's newly announced tariffs…

A photograph taken on October 29, 2024 shows a general view of Trump International Golf Links and its sand dunes, in Balmedie, Aberdeenshire, Scotland as construction works are underway for a second golf course on the estate built on…

All eyes are on whether Saudi Arabia will raise crude production if Russia's output significantly falls following European Union oil sanctions.Andrey Rudakov | Bloomberg | Getty ImagesOil prices dropped following a report that Saudi…

Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration taken February 24, 2022. REUTERS/Dado Ruvic/Illustration
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Passersby wearing protective face masks walk past an electronic board displaying world stock indexes, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan November 1, 2021. REUTERS/Issei KatoRegister now for FREE unlimited…