News

Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and ...
Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...
Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...
Saudi Arabia is batting down the hatches for a "long and shallow” oil price war, in part to clip the wings of US shale energy ...
Saudi Arabia’s Oil Strategy Pivot Pressures Prices ... strategy aimed at enforcing OPEC+ discipline and expanding market share. This shift has major implications for oil prices, OPEC+ compliance ...
The price cut by Saudi Arabia, key oil producer within OPEC+ - the oil producing group that includes members of the ...
State oil firm Saudi Aramco will ship about 47 million barrels to China in July, a tally of allocations to Chinese refiners ...
OPEC+’s oil-output hikes are part of a Saudi strategy that will see the kingdom embark on a long but shallow price war ...
“Once Saudi Arabia takes the lead in accelerating output increases, historical experience suggests that the market could face ...
Brent traded below $65 a barrel after losing 1.2% in the previous session, while West Texas Intermediate was under $63.