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

Saudi Arabia has held off formally joining the BRICS bloc of nations despite attending a meeting in Brazil last week, two ...

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

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 ...

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

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

Saudi Arabia has increased the price of its flagship crude grade loading for Asia in June, even as OPEC+ decided to continue ...

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

LONDON/MOSCOW (Reuters) -OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million ...