The Saudi oil production increase threatens U.S. shale and could spark another market shakeout as global supply surges face ...

This widening deficit has sparked renewed conversations about Saudi Arabia's economic prospects, as oil revenues remain ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

U.S. crude oil futures climbed more than $1 a barrel on Tuesday as the White House announced Saudi Arabia's plans to invest ...

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

Chip and AI stocks are getting their mojo back with Mideast deals. AMD announces $6B buyback. Starbucks baristas strike over ...

Oil prices rose slightly on Monday morning markets following news that the U.S. and China have reached a temporary deal 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.

In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.

The dynamic is yet another example of how external forces, including the Saudis’ commanding role in the world’s oil markets ... was concerned about how low prices were affecting the U.S. oil industry.

Saudi Arabia is again making news in the oil markets. In a move reminiscent of the disastrous price war of 2015-2016 (see OPEC’s Trillion Dollar Miscalculation), the kingdom has decided to boost ...

Saudi oil giant Aramco , a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to ...