News

OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a ...
Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting ...
Chinese refiners are asking for less oil from Saudi Arabia, with the drop possibly pointing to a reshuffle of global flows as ...
Saudi Arabia’s sovereign wealth fund has written down $8 billion in megaproject valuations, including Neom, as budget ...
Saudi Arabia currently has more than 230 active drilling rigs operating across the country, according to data released by ...
Chinese refiners are asking for less oil from Saudi Arabia, with the drop possibly pointing to a reshuffle of global flows as ...
Rising summer temperatures drove Saudi Arabia to become Russia's largest seaborne fuel oil customer in June, allowing the ...
This week, state companies Indian Oil Corp. and Bharat Petroleum Corp. secured supplies from the United States, Brazil, and ...
A global shift in oil market dynamics is raising alarm across the U.S. shale sector, as the Organization of the Petroleum ...
Top oilfield services company SLB reported a lower profit for the second quarter on Friday, as weaker drilling activity in Saudi Arabia and Latin America dragged its international business.
OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a ...