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

Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

Saudi Arabia has dealt a fresh blow to Russia’s already struggling economy as OPEC+ announced a new increase in oil ...

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

Government officials set to beat the drum for investing in the US include Treasury Secretary Scott Bessent and Commerce ...

RIYADH — Saudi Arabia’s trade balance recorded a surplus of SR 30.6 billion during February 2025, achieving a monthly growth ...

Meanwhile, oil bulls are throwing in the towel. Standard Chartered slashed its 2025 Brent forecast by $16 to $61/bbl, citing ...

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

Saudi Arabia is set to discuss a potential agreement with the United States about cooperation in the fields of mining and ...

Saudi Arabia's non-oil private sector activity expansion slowed in April as growth in new orders decelerated sharply, even as ...