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

Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but ...

Saudi Arabia's non-oil private sector activity expansion slowed in April as growth in new orders decelerated sharply, even as ...

BlackRock Inc.’s Chief Executive Officer Larry Fink, Citigroup Inc.’s Jane Fraser and top bosses of American tech firms will ...

It’s no secret that countries with outsized oil production maintain an advantage over other countries. This typically ...

RIYADH/DUBAI (Reuters) - Saudi Arabia’s economy grew in the first quarter, supported by activity in the non-oil sector as the ...

Crude oil closed lower on a Q1 contraction in U.S. economic activity and a report that Saudi Arabia is unwilling to shore up ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

Saudi Arabia is set to discuss a potential agreement with the United States about cooperation in the fields of mining and ...

Meanwhile, oil bulls are throwing in the towel. Standard Chartered slashed its 2025 Brent forecast by $16 to $61/bbl, citing ...

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