Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...

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 Warns OPEC+ Members Over Production Compliance Saudi Arabia, the de facto leader of OPEC+, has issued a stern ...

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

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...

OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...

Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...

The world's top oil exporter and de-facto OPEC leader saw its total revenues drop 10% to 263.616 billion riyals in the first ...

What is the Saudi factor? To me, it is the ability of Saudi Arabia to use its national wealth to possess and exercise ...