President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn ...

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after ...

According to the announcement, Arab oil of various grades was found in six fields and two reservoirs, with a total production ...

Saudi oil firm Aramco has discovered 14 oil and natural gas fields and reservoirs in the kingdom's Eastern Region and the ...

Saudi Arabia's unexpected decision to increase oil output within the OPEC+ group highlights its frustration with ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter ... recalled past market share battles when OPEC producers competed to sell extra barrels, pushing prices lower.

Saudi Arabia, the world’s largest oil exporter, has lowered its crude oil prices for Asian buyers to the lowest level in four months, just days after a surprise move by OPEC+ to boost production.

President Trump’s sweeping tariffs combined with OPEC’s unexpectedly large production hike are combining to trigger a “double ...

The group led by Saudi Arabia and Russia will add 411,000 barrels a day to the market next month, according to a statement ...

For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

Crude oil prices plummeted to near multi-year lows following President Trump’s reciprocal tariff announcement, with a ...