Saudi Arabia, the kingpin of OPEC+ seems prepared to test the oil market as well as cartel members with strong commitment to ...

Saudi Arabia boosts output by up to 2.2M bpd, pressuring oil prices and forcing OPEC+ compliance. Crude oil falls below $60 as increased supply and weak demand weigh on the oil market outlook.

Saudi Arabia took the reins of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, pushing for an aggressive production increase. This decision, which was made two days ...

Does the shift signal that the Saudis are bowing to U.S. pressure to lower the price of crude as a means of exerting pressure ...

Saudi Arabia Warns OPEC+ Members Over Production Compliance Saudi Arabia, the de facto leader of OPEC+, has issued a stern ...

Saudi Arabia’s influence in the region and with Mr Trump means that MBS could yet do more. His country has already hosted ...

LONDON, May 7 (Reuters) - The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was well timed. The kingdom has in recent weeks ...

Saudi Arabia ... impacting oil prices,” Aramco President and CEO Amin H. Nasser said in a statement. Benchmark Brent crude traded Friday at over $63 (€56.7) a barrel, down from highs of over $80 (€72) ...

Shares of energy companies fell as a four-session winning streak for oil futures was snapped by bearish storage data. Commercial crude oil stocks excluding the Strategic Petroleum Reserve rose by 3.5 ...

Many of the executives — including representatives of four of the 10 biggest U.S. companies by market value — are seeking ...

Top executives from tech and finance recently convened in Saudi Arabia, seeking business opportunities and aiming to ...

Donald Trump is heading to Saudi Arabia this week, sparking fresh speculation over a potential civil nuclear agreement ...