Jorge Leon of Rystad Energy told Bloomberg, "OPEC+ has just thrown a bombshell to the oil market. With this move, Saudi Arabia is seeking to punish lack of compliance and also ingratiate itself ...

the government remains vulnerable to fluctuations in global oil prices, which have a direct impact on its budget. Bloomberg Dubai: Saudi Arabia’s fiscal health faced significant challenges in ...

Jorge Leon of Rystad Energy told Bloomberg, “OPEC+ has just thrown a bombshell to the oil market. With this move, Saudi Arabia is seeking to punish lack ... to stay informed about the happenings that ...

Dublin, May 05, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Environmental ... the environment market is closely tied to the thriving construction, wastewater management and oil & gas sector.

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 ...

LONDON, May 6 (Reuters) - Saudi Arabia has ... barrels per day of oil in June means that between April and the end of next month, OPEC+ will have added 960,000 bpd into the market, which is ...

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.

OPEC+ unexpectedly increased its supply additions for May and June by 411,000 bpd each, contradicting earlier efforts to tighten the market. Saudi Arabia raised oil prices for Asia even as demand ...

The S&P 500 climbed 0.72% to close at 5,886.55 on Tuesday (May 13), recovering into positive territory for the year as easing ...

Saudi Aramco's first-quarter net income came in at $26 billion, down from $27.3 billion for the same period last year. The ...

Saudi Arabia has raised the price of its flagship crude grade loading for Asia in June, just as the Saudi-led OPEC+ group decided to continue easing the production cuts by adding a larger-than ...

Saudi Arabia has hit speed bumps in its efforts to build a global TV and movie industry, according to insiders and a previously unreported audit. Economy 2025-04-08T11:22:57Z Oil prices are sliding.