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 ...

Saudi Arabia, the leading member of OPEC, has been pursuing an unconventional strategy in recent months, opting to lower oil prices in an effort to restore discipline within the group. The move marks ...

Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, drew a striking historical parallel during a virtual OPEC+ meeting, referencing the 1973 oil embargo as the group ratified its second ...

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, ...

Saudi Arabia and Russia, the group's leaders, are also pushing a secondary objective behind OPEC+’s plan to increase oil ...

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

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

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

A new report from CNN found that the average price of gas is expected to be $3.08 on Memorial Day, which would be the lowest ...

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.