Company Insights Saudi Aramco Oil & Gas Saudi Aramco News Oil & Gas Aramco CEO Amin Nasser expects oil demand to hold ‘steady’ Saudi Aramco expects demand for oil to be higher this year than in 2024 and to hold “steady”, its CEO has said. Banks and international agencies have downgraded their forecasts for oil demand and prices in response to heightened trade tensions since April 2. But Aramco’s Amin Nasser said on an earnings call on Monday: […] May 13, 2025 Opinion Trade Trump in Riyadh: power plays and photo ops It is hard to predict what the big headline will be, but it would be wise not to rule anything out May 12, 2025 Oil & Gas Aramco profits down – and worse is to come, say analysts Saudi Aramco announced a drop in net income for the first three months of the year on Sunday, due to rising oil prices and higher operating costs. With state and state-affiliated institutions dependent on the national oil company dividends to fund numerous Vision 2030 infrastructure projects, the downturn throws Aramco’s investment plans into doubt. Oil […] May 12, 2025 Oil & Gas Aramco to post lower profit and may slash dividend National oil company Saudi Aramco is forecast to post lower first-quarter profit and may cut its 2025 dividend further as oil prices dip below its self-funding breakeven point, analysts have said. The world’s biggest oil company by production is likely to maintain its guidance for capital expenditure, however. Aramco is expected to post at least […] May 9, 2025 Analysis Banking and Finance US treasuries: why it’s buy, buy, buy for the UAE as Saudi sells Saudi Arabia and the UAE are following divergent investment strategies around US government bonds, which have long been a safe haven for sovereign and institutional investors worldwide. The two countries are among the world’s top 20 biggest holders of the bonds, with a combined value of almost $250 billion. The UAE acquired almost $43 billion […] May 9, 2025 Analysis Economy Saudi Arabia to ‘roll with the punches’ on oil price Saudi Arabia may have to tighten its reins on spending on the back of a decline in international oil prices, analysts have said. The country’s first-quarter budget deficit of SAR59 billion ($16 billion), reported this week, was the biggest in three years. “A deficit was broadly expected, says Monica Malik, chief economist at Abu Dhabi Commercial […] May 7, 2025 Economy Saudi budget deficit jumps fourfold as oil slumps Saudi Arabia’s budget deficit rose nearly fourfold in the first quarter of 2025 compared to the same period last year, driven by a sharp drop in oil revenues. The kingdom reported a budget deficit of SAR59 billion ($16 billion) in the quarter ended March 2025 from $3.3 billion a year before. Total revenues fell 10 percent to […] May 6, 2025 Analysis Economy Oil price fall poses spending dilemma for Saudi Arabia Saudi Arabia has various assets it could sell as the drop in oil prices pushes up the country’s 2025 budget deficit, economists have said. The country could also opt to plug the gap by issuing more debt or altering its spending plans. Saudi Arabia’s debt-to-GDP ratio is only 29 percent, according to S&P Global Ratings, […] May 5, 2025 Petrochemicals Sabic to invest $4bn despite first-quarter losses Saudi Basic Industries Corporation, which is 70 percent owned by Saudi Aramco, swung to a loss in the first quarter of 2025 but intends to push ahead with a capital expenditure plan worth up to $4 billion. The petrochemicals giant, which trades on the Saudi stock exchange, reported a net loss of SAR1.2 billion ($320 million) […] May 5, 2025 Economy Rising gas exports to boost Gulf economies, says IMF Increased natural gas production in Saudi Arabia, Qatar, the UAE and Oman will boost their economic growth in the medium term, the International Monetary Fund has predicted. Qatar, the world’s third-largest exporter of liquefied natural gas, is due to nearly double its annual output to 142 million tonnes by 2030. Saudi Aramco said in March […] May 1, 2025 Posts navigation Previous 1 … 4 5 6 … 57 Next
Oil & Gas Aramco CEO Amin Nasser expects oil demand to hold ‘steady’ Saudi Aramco expects demand for oil to be higher this year than in 2024 and to hold “steady”, its CEO has said. Banks and international agencies have downgraded their forecasts for oil demand and prices in response to heightened trade tensions since April 2. But Aramco’s Amin Nasser said on an earnings call on Monday: […] May 13, 2025
Opinion Trade Trump in Riyadh: power plays and photo ops It is hard to predict what the big headline will be, but it would be wise not to rule anything out May 12, 2025
Oil & Gas Aramco profits down – and worse is to come, say analysts Saudi Aramco announced a drop in net income for the first three months of the year on Sunday, due to rising oil prices and higher operating costs. With state and state-affiliated institutions dependent on the national oil company dividends to fund numerous Vision 2030 infrastructure projects, the downturn throws Aramco’s investment plans into doubt. Oil […] May 12, 2025
Oil & Gas Aramco to post lower profit and may slash dividend National oil company Saudi Aramco is forecast to post lower first-quarter profit and may cut its 2025 dividend further as oil prices dip below its self-funding breakeven point, analysts have said. The world’s biggest oil company by production is likely to maintain its guidance for capital expenditure, however. Aramco is expected to post at least […] May 9, 2025
Analysis Banking and Finance US treasuries: why it’s buy, buy, buy for the UAE as Saudi sells Saudi Arabia and the UAE are following divergent investment strategies around US government bonds, which have long been a safe haven for sovereign and institutional investors worldwide. The two countries are among the world’s top 20 biggest holders of the bonds, with a combined value of almost $250 billion. The UAE acquired almost $43 billion […] May 9, 2025
Analysis Economy Saudi Arabia to ‘roll with the punches’ on oil price Saudi Arabia may have to tighten its reins on spending on the back of a decline in international oil prices, analysts have said. The country’s first-quarter budget deficit of SAR59 billion ($16 billion), reported this week, was the biggest in three years. “A deficit was broadly expected, says Monica Malik, chief economist at Abu Dhabi Commercial […] May 7, 2025
Economy Saudi budget deficit jumps fourfold as oil slumps Saudi Arabia’s budget deficit rose nearly fourfold in the first quarter of 2025 compared to the same period last year, driven by a sharp drop in oil revenues. The kingdom reported a budget deficit of SAR59 billion ($16 billion) in the quarter ended March 2025 from $3.3 billion a year before. Total revenues fell 10 percent to […] May 6, 2025
Analysis Economy Oil price fall poses spending dilemma for Saudi Arabia Saudi Arabia has various assets it could sell as the drop in oil prices pushes up the country’s 2025 budget deficit, economists have said. The country could also opt to plug the gap by issuing more debt or altering its spending plans. Saudi Arabia’s debt-to-GDP ratio is only 29 percent, according to S&P Global Ratings, […] May 5, 2025
Petrochemicals Sabic to invest $4bn despite first-quarter losses Saudi Basic Industries Corporation, which is 70 percent owned by Saudi Aramco, swung to a loss in the first quarter of 2025 but intends to push ahead with a capital expenditure plan worth up to $4 billion. The petrochemicals giant, which trades on the Saudi stock exchange, reported a net loss of SAR1.2 billion ($320 million) […] May 5, 2025
Economy Rising gas exports to boost Gulf economies, says IMF Increased natural gas production in Saudi Arabia, Qatar, the UAE and Oman will boost their economic growth in the medium term, the International Monetary Fund has predicted. Qatar, the world’s third-largest exporter of liquefied natural gas, is due to nearly double its annual output to 142 million tonnes by 2030. Saudi Aramco said in March […] May 1, 2025
