President Donald Trump said Thursday that he would call on Saudi Arabia and OPEC to lower oil prices, claiming that the war in Ukraine would end if prices dropped. “I am also going to ask Saudi Arabia ...

The oil producers’ group maintained plans to keep output levels unchanged at its latest meeting, as market fears over a ...

Sanctions against Moscow are having an effect. Chinese imports of crude from Saudi Arabia, the UAE and Kuwait are rising as ...

During a speech to the World Economic Forum on Thursday, President Donald Trump pressured the Saudi Crown Prince to increase his planned $600 billion investment in the U.S. "to a round $1 trillion" ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...

OPEC member Saudi Arabia has slashed its crude oil selling price to Asia for January 2026 to a five-year low amid rising ...

The impact of Saudi Arabia in the oil market and its adherence to OPEC+ agreements is widely observed by industry professionals and governments all over the world. The open-handedness of the Kingdom ...

Any regime change of President Nicolas Maduro could be a game-changer for oil production in Venezuela, U.S. access to ...

The prices mirrored a downward trend in cash Dubai's premium to swaps, down to an average of 70 cents so far in December ...

Saudi Oil Minister Prince Abdulaziz bin Salman increasingly makes OPEC’s big output decisions, say cartel delegates. Saudi Arabia plans a voluntary production cut ...

Speaking remotely to the World Economic Forum annual meeting in Davos, Switzerland, President Donald Trump said he would ask Saudi Arabia and the Organization of the Petroleum Exporting Countries, or ...