Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

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

Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...

Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

Saudi Arabia has increased the price of its flagship crude grade loading for Asia in June, even as OPEC+ decided to continue ...

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

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

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs ...