Matthew Martin

Stay informed with Matthew Martin’s coverage and analysis for Fortune.

  • 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 ImagesFinance

    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)Finance

    Morgan Stanley joins US peers putting Mideast HQ in Riyadh

    By Matthew Martin and Bloomberg
  • Mohammed bin SalmanFinance

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

    By Matthew Martin and Bloomberg
  • Saudi Aramco's Amin NasserFinance

    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 SelipskyTech

    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 SalmanFinance

    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
  • A picture shows logos of the main communication brand also named GAFAM (for Google, Apple, Facebook, Amazon and Microsoft)Tech

    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 ImagesFinance

    OPEC+ announces surprise oil production cut despite previous assurances

    By Matthew Martin, Grant Smith, and others
  • Amin al-NasserEnvironment

    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)Finance

    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 ArabiaInternational

    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
  • UKRAINE – 2021/01/22: In this photo illustration a Saudi Arabian Oil Company (Saudi Aramco) logo seen displayed on smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)International

    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