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+ ...

Crude oil outlook turns bearish as OPEC+ eyes a July output hike and U.S. inventories climb, raising fresh concerns about ...

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 ...

Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact breakeven prices, rig counts, and investors.

Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...

Saudi Arabia, the de facto leader of OPEC Plus, is signaling that it is reluctant to hold back millions of barrels a day of oil that it could produce, especially when other members of the group ...

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.

Trump praises Saudi Crown Prince MbS at investment summit, highlighting $600B investment package and $142B defense deal, ...

For decades, Washington and Riyadh have nurtured close ties based on Saudi Arabia's pivotal role in the oil market and America's strategic interests in the Middle East. This translated into hundreds ...