Economy News Saudi Arabia’s Oil Production Cuts Have Tipped Its Economy Into Reverse

IMF ups Saudi Arabia's 2025 GDP growth forecast to 4% as oil output rises

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 top crude exporter. Read More

Oil Recovery to Determine Saudi Fiscal Trajectory, IMF Says

Saudi Arabia’s fiscal and current accounts would benefit most from a rebound in oil prices and production, according to the International Monetary Fund, despite the government’s progress in ... Read More

Saudi energy minister says oil supply cuts are not about ‘jacking up prices,' as Brent hovers at $95 a barrel

Saudi Arabia's energy minister said Riyadh and Moscow's decision to extend crude oil supply cuts is not about "jacking up prices," as Brent futures hover near $95 a barrel and analysts predict further ... Read More

Saudi Arabia’s Crude Oil Exports Jumped By 400,000 Bpd in August

Saudi Arabia's crude oil exports and production surged in August, reaching a six-month high as OPEC+ increased output, but concerns about weakening global demand and reduced spare capacity loom. Read More

Saudi Arabia May Be Producing Oil At Close To Maximum Real Capacity, Repeat Of 2008 Likely

OPEC+ production hikes may strain Saudi output; learn how this could impact oil markets and discover timely investment opportunities before 2026. Read More

Falling Saudi oil demand highlights power generation progress

Saudi Arabia’s demand for key oil-based power generation fuels fell by an average of 270,000 b/d during June and July. The soft start to the 2025 summer cooling season ... Read More

Crunch time for Saudi Arabia as financial elite descend on Riyadh

Global financial titans descend on Riyadh next week for Saudi Arabia's flagship investment conference, for the first time since the return to the White House of Donald Trump, whose taste for ... Read More

What's The Real Reason Behind OPEC+'s Surprise Oil Production Boost?

OPEC+’s decision last week to increase its collective oil production has surprised many, given the soft outlook for oil prices for the remainder of this year and into next. It is true that the 137,000 ... Read More

Saudi Arabia Boosts Oil Output; Global Prices Take A Hit

Saudi Arabia has recently increased its crude oil production to reclaim market share rather than maintain price stability. This strategic pivot creates ripple effects throughout global energy markets, ... Read More

OPEC Plus Agrees to Small Boost in Oil Production

Saudi Arabia, the de facto leader of the oil cartel, sees advantages in increasing output despite market risks. By Stanley Reed Reporting from London Eight members of the OPEC Plus oil producers group ... 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