News

Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and ...
Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...
U.S. shale is more vulnerable than in past price wars, needing $65+ WTI to stay profitable amid rising costs and geological ...
Israel’s surprise military strike on Iran has jolted oil markets and cast fresh attention on the recent production decisions ...
State oil firm Saudi Aramco will ship about 47 million barrels to China in July, a tally of allocations to Chinese refiners ...
Having successfully led Ford Saudi Arabia, Amith will now extend his remit to North Africa—aligning Ford’s regional vision ...
Saudi Arabia’s Oil Strategy Pivot Pressures Prices ... strategy aimed at enforcing OPEC+ discipline and expanding market share. This shift has major implications for oil prices, OPEC+ compliance ...
Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...
With Iran's crude exports so far unaffected, the OPEC secretary-general said OPEC doesn't need to take any immediate action.
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) recorded a decline in crude oil output in May 2025, ...