Saudi Arabia's strategic pivot is about letting go of the illusion of market control and moving production back up toward ...

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

OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...

Oil barely garnered a mention from U.S. President Donald Trump during his glitzy visit to Saudi Arabia this week. But the ...

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 ...

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

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

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 ...

DUBAI, United Arab Emirates — (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first ... Aramco has a market value of over $1.6 trillion, making it the sixth richest company behind ...