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 ...

President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...

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 ...

Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.

The Saudi oil production increase threatens U.S. shale and could spark another market shakeout as global supply surges face ...

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

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

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

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

Saudi Arabia and Russia ... And this is a very common source of tension within OPEC. Boosting production right now could be a ...

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

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 ...