EghtesadOnline: Saudi Arabia kept its spot as China’s biggest oil supplier for the first seven months this year after pumping record output in July, even as Russia threatens to overtake the kingdom in their contest for sales to the world’s largest energy consumer.

EghtesadOnline: The world's most valuable company isn't Apple or Google’s owner, Alphabet. It's an outfit in a league of its own: Aramco, as Saudi Arabian Oil Co. is better known. This sprawling state-owned producer, sitting atop one-fifth of the globe's petroleum reserves, pumps more crude than the top four publicly traded oil companies combined.