OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a ...

A global shift in oil market dynamics is raising alarm across the U.S. shale sector, as the Organization of the Petroleum ...

Saudi Arabia’s sovereign wealth fund has written down $8 billion in megaproject valuations, including Neom, as budget ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting ...

Saudi Arabia's share of the oil market is set to rise this decade to its highest since the 1980s as investment in production elsewhere dries up in the wake of the coronavirus crisis, J.P. Morgan ...

Saudi Arabia and its oil-producing partners are preparing to approve an additional 548,000 barrels per day of crude ...

OPEC+ is accelerating its next meeting to approve a 411,000 b/d production increase as the group, led by Saudi Arabia, aggressively seeks to regain market share.

Rising summer temperatures drove Saudi Arabia to become Russia's largest seaborne fuel oil customer in June, allowing the ...

Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Crude prices were undercut Wednesday after Bloomberg reported that Saudi Arabia is ...