Saudi Economy Shrank at Slower Pace Before Houthi Escalation
Saudi Arabia's economy contracts 3.8% amid falling oil output and regional security challenges.
12 trends tracked about this subject — the full history, oldest to newest below.
Saudi Arabia's economy contracts 3.8% amid falling oil output and regional security challenges.
OPEC+ has reached an agreement in principle to maintain its current oil output targets through December.
Trump invokes the Cold War-era Defense Production Act to boost domestic gasoline, oil, and diesel production.
OPEC and its allies hold oil output steady for November while delaying a key capacity review amid Middle East tensions.
Saudi Arabia faces critical security threats to its oil production as Iran-backed Houthi attacks escalate across multiple fronts.
Saudi Arabian oil production has plummeted to its lowest level since 1990 amid escalating regional conflict and threats to export routes.
Saudi Arabia's oil production has plummeted to its lowest level since 1990 as escalating conflict and shipping route closures disrupt global exports.
Argentina's Vaca Muerta region, dubbed 'Argentina's Texas,' is pushing oil production to record levels amid significant economic stakes.
Discrepancies emerge as the Trump administration reports normal Gulf oil flows while official projections warn of lasting supply disruptions.
9 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
OPEC+ members have agreed to increase oil production quotas for September, marking the sixth consecutive output increase.
Venezuela faces a massive sovereign and state oil company debt overhaul amid ongoing economic recovery efforts.