Saudi Arabia Warns OPEC+ Members Over Production Compliance Saudi Arabia, the de facto leader of OPEC+, has issued a stern ...

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

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

(MENAFN- Jordan Times) Kingdom of Saudi Arabia does not deserve the attack it has been subjected to because of the OPEC+decision claims regarding cutting oil productionby 2 million barrels per day.

Patterson-UTI faces margin pressure amid lower oil prices and OPEC+ risks. Click here to read why I am downgrading PTEN stock ...

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

The Saudi oil production increase threatens U.S. shale and could spark another market shakeout as global supply surges face ...

President Donald Trump’s affinity for grand economic agreements is well-documented, rivaled perhaps only by his preference ...

This past weekend, OPEC, led by Saudi Arabia, announced it would increase production by 411k barrels per day. The action follows a 250k increase last month. The decision is different from OPEC’s ...

Saudi Arabia, OPEC’s de facto leader ... For the Trump administration, the bearish pressure on oil prices also helps ease concerns that its recent ratcheting up of sanctions on Iran’s oil ...

Given this backdrop, it’s notable that Saudi Arabia recently made a dramatic shift in policy, pushing OPEC to increase oil ... Plummeting energy prices put pressure on Russia, which is heavily ...