Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...

Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...

OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

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 direct crude burn for power generation is expected to increase this summer, potentially helping to offset concerns over a growing global oil glut.

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.

The world's largest oil exporter's crude output for March was at 8.957mln bpd, up from 8.947mln bpd in February ...

Saudi Arabia's crude exports in March fell to 5.754 MMbpd from 6.547 MMbpd in February, official data showed on Wednesday. The world's largest oil exporter's crude output for March was at 8.957 MMbpd, ...

The nearly 40 million Americans expected to hit the roads this Memorial Day weekend will have something to make them smile ...

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 developing relationship between OPEC+ and BRICS is significantly reshaping the global energy landscape. The coinciding ...