Saudi Arabian oil was first discovered by the Americans in commercial quantities at Dammam oil well No. 7 in 1938 in what is now modern day Dhahran. On...

The proven oil reserves in Saudi Arabia are reportedly the second largest in the world, estimated in 2017 to be 268 billion barrels (4.3×10^10 m3) (Gbbl...

on oil. Monetary policy in Saudi Arabia is anchored by the fixed exchange rate of the Saudi Riyal to the U.S. Dollar. Saudi oil reserves are the second...

Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah), officially the Saudi Arabian Oil Group or simply Aramco (formerly Arabian-American Oil Company)...

The oil industry produces about 45% of Saudi Arabia's gross domestic product, against 40% from the private sector. Saudi Arabia has per capita GDP of...

in Saudi Arabia's history includes the discovery of oil in Saudi Arabia and many events. It goes on to encompass Saudi Arabia's brief involvement in World...

fuelled by oil wealth. Saudi Arabia's role in the 1973 oil crisis, and the subsequent rise in the price of oil, dramatically increased the country's political...

March 1975) was a Saudi Arabian statesman and diplomat who was King of Saudi Arabia from 2 November 1964 until his assassination in 1975. Before his ascension...

oil production Oil and gas industry in India Petroleum industry in Iran Petroleum industry in Russia History of the oil industry in Saudi Arabia Oil and...

Saudi Arabia is a sovereign Arab state in Western Asia constituting the bulk of the Arabian Peninsula. The country's command economy is petroleum-based...