Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...

Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a ...

Saudi Arabia, the world's top oil exporter, on Sunday lowered crude oil prices for Asian buyers in May to their lowest in ...

Last week’s plunge in oil prices rippled through Middle Eastern markets Sunday, sending benchmark indexes in the region ...

Iran and Russia have also been ramping up exports. Energy analysts say Saudi Arabia may have thrown in the towel and switched ...

The Saudi efforts to diversify the oil-reliant economy need a sustained period of healthy oil demand and relatively high oil ...

West Texas Intermediate futures are down 6% this week, touching an almost two-year low of US$65.21 ($87.35) a barrel.

Markets were stunned when OPEC+ when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

Saudi Arabia's unexpected decision to increase oil output within the OPEC+ group highlights its frustration with ...

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.

Saudi Arabia is set to significantly reduce its crude oil prices for Asian buyers in May, driven by falling regional ...

The surprising decision of OPEC+ to increase oil production by a hefty amount for May leaves the market better supplied over ...