News

U.S. crude oil futures climbed more than $1 a barrel on Tuesday as the White House announced Saudi Arabia's plans to invest ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
The two leaders are expected to discuss US efforts to dismantle Iran's nuclear program, end the war in Gaza, hold down oil ...
Saudi Arabia Warns OPEC+ Members Over Production Compliance Saudi Arabia, the de facto leader of OPEC+, has issued a stern ...
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
Saudi Arabia's strategic pivot is about letting go of the illusion of market control and moving production back up toward ...
Saudi Arabia, OPEC’s de facto leader, has its own reasons for wanting higher oil production: it wants to regain market share after years of ceding it to rivals, even though the move will cause it ...
With Brent hovering around $65, it's unlikely that oil prices will dominate the agenda during the Saudi visit', SEB ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
President Donald Trump in a speech in Saudi Arabia urged Iran to take a “new and a better path” as he pushes for a new ...
Trump did spend some of last weekend downplaying legal and ethics concerns regarding reports Qatar is considering donating a $400 million Boeing plane.