Jorge León, a former OPEC analyst, reckons that the pain will continue until the troublemakers reform their ways. It is a risky gamble for Saudi Arabia, which is part-way through an expensive ...

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

Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...

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

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

The nearly 40 million Americans expected to hit the roads this Memorial Day weekend will have something to make them smile ...

Saudi Arabia is signaling a major policy shift within ... which are already under pressure from global economic uncertainty and trade tensions, including fallout from President Donald Trump ...

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 ...

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 ...

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 is signaling a major policy shift within OPEC+, warning fellow oil-producing nations that continued overproduction could trigger even more aggressive supply increases, Reuters reported ...

For decades, Washington and Riyadh have nurtured close ties based on Saudi Arabia's pivotal role in the ... That influence was expanded in 2016 when OPEC formed an alliance with Russia and other ...