Saudi Arabia is signaling a major policy shift within OPEC+, warning fellow oil-producing nations that continued ...

Saudi Arabia Warns OPEC+ Members Over Production Compliance Saudi Arabia, the de facto leader of OPEC+, has issued a stern ...

Saudi Arabia, OPEC’s de facto leader ... For the Trump administration, the bearish pressure on oil prices also helps ease concerns that its recent ratcheting up of sanctions on Iran’s oil ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

Economic uncertainty over Trump’s tariff policy has depressed global energy prices — as has OPEC more rapidly opening up production than initially thought. Saudi Arabia in particular needs ...

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

This past weekend, OPEC, led by Saudi Arabia, announced it would increase production by 411k barrels per day. The action follows a 250k increase last month. The decision is different from OPEC’s ...

OPEC+ output hike drives bearish crude oil outlook as demand concerns and rising inventories weigh on oil prices and futures ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...

Nigerian crude fell below the Federal Government’s benchmark, selling for $65 per barrel, as OPEC increased production despite heightened geopolitical ...

Saudi Arabia is signaling a major policy shift within ... which are already under pressure from global economic uncertainty and trade tensions, including fallout from President Donald Trump ...