As OPEC plans a major production increase, Trump touts falling fuel costs—but US oil producers warn of job cuts, rig ...

U.S. crude oil futures climbed more than $1 a barrel on Tuesday as the White House announced Saudi Arabia's plans to invest ...

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

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

The two leaders are expected to discuss US efforts to dismantle Iran's nuclear program, end the war in Gaza, hold down oil ...

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

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

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

With Brent hovering around $65, it's unlikely that oil prices will dominate the agenda during the Saudi visit', SEB ...

President Donald Trump was in Saudi Arabia on Tuesday, the first leg of his three-nation visit to the Middle East this week ...

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