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 ...

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 ...

The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...

There was little change in output from top producer Saudi Arabia, and in Gulf members the United Arab Emirates and Kuwait, despite higher OPEC+ quotas for April. While the survey and March data ...

Saudi Arabia, the leading member of OPEC, has been pursuing an unconventional strategy ... or face further financial pressure. This tactic, which might seem counterintuitive to the kingdom’s ...

Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...

(MENAFN- Jordan Times) Kingdom of Saudi Arabia does not deserve the attack it has been subjected to because of the OPEC+decision claims regarding cutting oil productionby 2 million barrels per day.

Mr. Ratney served as the U.S. ambassador to the Kingdom of Saudi Arabia from 2023 to 2025. Lots of people in Saudi Arabia have a soft spot for Donald Trump. They think of the American president as ...

President Trump was greeted by King Salman of Saudi Arabia at the airport in the capital, Riyadh, in 2017. Credit...Stephen Crowley/The New York Times Supported by By Vivian Nereim Reporting from ...