Economy News Saudi Arabia’s Oil Production Cuts Have Tipped Its Economy Into Reverse
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Saudi Arabia's economy grew 5% in third quarter, government estimates

ABU DHABI, Oct 30 (Reuters) - Saudi Arabia's economy grew 5% in the third quarter from a year earlier, according to flash government estimates released on Thursday, with oil-related growth surging as ... Read More
Saudi Arabia Set to Slash Oil Prices to Asia for January

Saudi Aramco is expected to cut January crude prices for Asia to the lowest premium since 2021 amid ample supply and weakening Middle East benchmarks. Read More
Saudi Economy Grows Most Since Early 2023 on Oil Supply Rise

Saudi Arabia’s economy expanded at the fastest pace since early 2023 in the third quarter, helped by rising oil production and big state investments in non-hydrocarbon sectors. Gross domestic product ... Read More
Saudis Cut Main Oil Price to Five-Year Low as Surplus Hits

Saudi Arabia cut the price of its flagship crude grade to the lowest level in five years, amid persistent signs of a surplus in global oil markets. Read More
Saudi Arabia cuts crude oil prices for Asia to 5-year low amid rising signs of surplus reserves — here are the details
OPEC member Saudi Arabia has slashed its crude oil selling price to Asia for January 2026 to a five-year low amid rising signs of surplus reserves in the oil market. Read More
China Hikes Purchases of Saudi Crude after Major Price Cut
China has accelerated purchases of Saudi crude oil for January to the highest volumes in five months, after the world’s top crude exporter slashed its official selling prices for Asia to the lowest ... Read More
IMF Ups Saudi Arabia's 2025 GDP Growth Forecast to 4% as Oil Output Rises

DUBAI (Reuters) -The International Monetary Fund upgraded its 2025 economic growth forecast for Saudi Arabia on Tuesday due to a faster-than-expected unwinding of oil production cuts in the world's ... Read More
Is Saudi Arabia Moving Toward A Diverse Economy?

Saudi Arabia's economic transformation stands at a critical juncture. As 2025 unfolds, the Kingdom's efforts to shift away from oil dependency are visible in the data, yet fiscal pressures and trade ... Read More
What’s The Real Reason Behind OPEC+’s Surprise Oil Production Boost?

OPEC+ has decided to increase oil production, surprising many given the soft outlook for oil prices, and potentially reversing earlier production cuts sooner than expected. The article questions ... Read More
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