News

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
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 ...
It’s no secret that countries with outsized oil production maintain an advantage over other countries. This typically ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
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 ...
Saudi Arabia is set to discuss a potential agreement with the United States about cooperation in the fields of mining and ...
BlackRock Inc.’s Chief Executive Officer Larry Fink, Citigroup Inc.’s Jane Fraser and top bosses of American tech firms will ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.