Does the shift signal that the Saudis are bowing to U.S. pressure to lower the price of crude as a means of exerting pressure ...

Experts often talk about the oil price Saudi Arabia needs to balance its budget, but it has time and space to rely on debt, ...

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

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

Crude oil prices experienced a rebound due to China signaling willingness to negotiate tariffs with the US, despite being on ...

Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil.

Crude oil futures fell suddenly on Wednesday following a Reuters report that Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...

Increased Saudi Arabian production quotas in May are set to drive crude oil export growth, according to shiptracking agency ...

Oil prices were lower on Thursday after sharp losses in the previous session due to prospects of higher supply and a slowing ...

Wednesday closed down -2.21 (-3.66%), and June RBOB gasoline (RBM25) closed down -0.0393 (-1.91%). Crude oil and gasoline ...

Oil prices are experiencing a significant drop as Saudi Arabia plans to boost production and the trade war impacts demand.

Between its own self-interest and the Trump effect on international priorities, the country seems to be backing away from its ...