Matthew Martin

Chris Wright, US secretary of energy, during an executive order signing ceremony in the East Room of the White House in Washington, DC, US, on Tuesday, April 8, 2025. US President Donald Trump is moving to expand the mining and use of coal inside the US, a bid to power the boom in energy-hungry data centers while seeking to revive a declining US fossil fuel industry. Photographer: Al Drago/Bloomberg via Getty Images

Trump’s energy secretary says average oil prices will be lower

By Matthew Martin and Bloomberg

RIYADH, SAUDI ARABIA – JANUARY 2003: Kingdom Center (Burj al-Mamlaka), the tallest skyscraper in Saudi Arabia, dominates the evening cityscape on January, 2003 in Riyadh, Saudi Arabia. The 300-meter tall high-tech luxury building was selected as the winner of the Skyscrapers.com Award 2002. Hosting a luxury hotel, a business centre, sports clubs, shops and a floor exclusively for women. (Photo by Reza/Getty Images)

Morgan Stanley joins US peers putting Mideast HQ in Riyadh

By Matthew Martin and Bloomberg

Mohammed bin Salman

Wall Street and tech royalty fly to Saudi event amid Mideast war

By Matthew Martin and Bloomberg

Saudi Aramco's Amin Nasser

Saudi Arabia’s oil giant sees massive stock offering sell out in hours as investors clamor for annual dividend payouts of $124 billion

By Matthew Martin, Julia Fioretti, and others

AWS CEO Adam Selipsky

Amazon Web Services among firms investing over $10 billion in Saudi Arabian data centers

By Matthew Martin and Bloomberg

Saudi Energy Minister Prince Abdulaziz bin Salman

Saudi energy minister admits Aramco is halting output expansion because of energy transition: ‘Our oil company…now is becoming an energy company’

By Matthew Martin and Bloomberg

Amazon, Microsoft and Google are opening Saudi Arabia HQ’s as kingdom tries to stop tech giants from working out of Dubai

By Matthew Martin, Fahad Abuljadayel, and others

Haitham al-Ghais, secretary-general of Organization of Petroleum Exporting Countries (OPEC), during a Bloomberg Television interview on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 17, 2023. The annual Davos gathering of political leaders, top executives and celebrities runs from January 16 to 20. Photographer: Hollie Adams/Bloomberg via Getty Images

OPEC+ announces surprise oil production cut despite previous assurances

By Matthew Martin, Grant Smith, and others

Amin al-Nasser

Saudi Arabia’s national oil company raked in a record $161 billion profit last year, as the Ukraine war and OPEC+ drove a 46% increase

By Paul Wallace, Matthew Martin, and others

Riad, Saudi Arabia – October 19: Saudi Defence Minister Mohamed bin Salman on October 19, 2015 in Riad, Saudi Arabia. (Photo by Thomas Koehler/Photothek via Getty Images)

Wall Street CEOs aren’t letting Biden’s oil spat with Saudi Arabia get in the way of their trek to the kingdom’s ‘Davos in the Desert’

By Matthew Martin and Bloomberg

Mohammed bin Salman Al Saud, MBS, Saudi Arabian politician who is the crown prince, deputy prime minister, and minister of defense of Saudi Arabia

Saudi prince wants Wall Street to help fund $500 billion plan for a floating Silicon Valley in the desert

By Vivian Nereim, Matthew Martin, and others

Rivian Reveal Ahead Of The Los Angeles Auto Show

Rivian’s IPO turned one family’s early investment into an $11.5 billion fortune

By Matthew Martin, Reema Alothman, and others

Saudi Aramco reports plunging profits, but maintains the world’s most generous dividend

By Paul Wallace, Matthew Martin, and others

A billboard displaying an advert for Aramco is pictured in the Saudi capital Riyadh on November 18, 2019. The company has committed to paying its dividend, even with a lack of cash.

Saudi Aramco is still promising a dividend—even though it hasn’t got the cash

By Matthew Martin, Anthony Di Paola, and others

A Saudi man monitors stock prices at Tadawul Saudi bourse in Riyadh.

Saudi Aramco shares sink as the oil price war and coronavirus toll escalates

By Anthony DiPaola, Matthew Martin, and others