News

Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...
Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.
Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...
The decline in oil prices due to the increase in production by OPEC+ countries is aimed not only at punishing allies who ...
Saudi Arabia's strategic pivot is about letting go of the illusion of market control and moving production back up toward ...
OPEC+ is seeking to regain market share lost to shale producers over the past years, with the US now accounting for 22% of ...
OPEC Plus is considering another significant oil production increase for July after announcing previous increases for May and June, with a final decision expected on June 1st.
President Donald Trump’s affinity for grand economic agreements is well-documented, rivaled perhaps only by his preference ...
Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...
President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on ...
The oil curve is flattening, with forward prices below $61 for 2026 and scarcely higher for 2027. What BofA has called a slow-grind oil-price war is the direct result of U.S. growth production hitting ...
The world's largest oil exporter's crude output for March was at 8.957mln bpd, up from 8.947mln bpd in February ...