Saudi Arabia has a superpower. Not only is it the largest exporter of crude oil in the world; its production costs for oil projects are also the lowest in the world, at around just $10 per barrel.

CAIRO (Reuters) -Saudi Arabia has projected a fiscal deficit equivalent to 3.3% of gross domestic product for 2026, higher than a previous estimate from the 2025 budget that envisaged a 2.9% deficit ...

* Moody's on Saudi Arabia - while government has announced ambitious and comprehensive reform plans, expects implementation of reforms to be challenging * Moody's on Saudi Arabia - stable outlook ...

The Executive Board of the International Monetary Fund (IMF) has commended the strong performance of the Saudi economy and its resilience in the face of external shocks, highlighting the Kingdom’s ...

Washington, DC: Saudi Arabia’s economy has demonstrated strong resilience to shocks, with non-oil economic activities expanding, inflation contained, and unemployment reaching record-low levels. While ...

Saudi Arabia's fiscal breakeven oil price is growing as the kingdom embarks on huge spending projects as part of Vision 2030. Oil production levels and softer crude prices may be "flashing warning ...