Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.

The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

Trade sources revealed on Thursday that Saudi Arabia, the world’s largest oil exporter, is expected to see a significant ...

Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more ...

Prime Minister Shehbaz Sharif is currently on a visit to Saudi Arabia, where the Saudi Oil Facility is expected to commence ...

While it is true that Saudi Arabia has the largest spare oil production capacity globally and the largest producer among OPEC members, claiming that Saudi Arabia should maximize its production at ...

The United States–Saudi “petrodollar” arrangement has underpinned American economic and military power for nearly five ...

OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...

Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

Bank of America analysts provided insights into Saudi Arabia’s economic outlook, highlighting the potential risks and growth prospects in the face of fluctuating oil prices. According to BofA, Saudi ...

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...