Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ oil group to open taps on Thursday and might not be reversed even if oil ...

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

The Organization of the Petroleum Exporting Countries lowered its forecast for growth in global oil demand in 2025 for the ...

Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil ...

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.

Oil prices hit their lowest in over four years with the benchmark Brent crude briefly even slipping below $60 per barrel ...

Sentiment was also dampened by Saudi Arabia reducing its crude selling price for Asian buyers ahead of the planned OPEC+ production boost. "The scale of tariffs, combined with the decision from ...

Saudi Arabia, in February, produced about 9 million barrels of crude oil per day, according to Organization of the Petroleum Exporting Countries (OPEC’s) March report. Saudi Arabia is one of the ...