Professor Michael Mische with USC Marshall School of Business says the loss in supply from the closings plus predictions made ...

By bnm Tehran bureau Iran has remained ahead of Saudi Arabia as the country with the world's cheapest gasoline, with prices ...

Kazakhstan has no plans to reduce its record-high crude and condensate output in May, further straining the OPEC+ alliance by ...

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

Saudi Arabia’s influence in the region and with Mr Trump means that MBS could yet do more. His country has already hosted ...

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 ...

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