Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.

Most stock markets in the Gulf ended higher on Wednesday, after U.S. President Donald Trump said he had no plans ...

Oil prices plunged nearly 4 per cent on Monday as Saudi Arabia cut the official ... said in a recent research note. On Friday, US Federal Reserve chairman Jerome Powell said that Mr Trump ...

LONDON, April 9 - President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did ... opens new tab conducted by the Federal Reserve Bank of Dallas showed.

SINGAPORE, March 28 (Reuters) - Top oil exporter Saudi Arabia may lower its crude ... after U.S. President Donald Trump's attack on the Federal Reserve chair sparked a selloff of U.S. assets ...