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 ...

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 ...

World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA) said on Thursday, despite a ...

(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 ...

Saudi Arabia's strategic pivot is about letting go of the illusion of market control and moving production back up toward ...

Saudi Arabia, Tuesday, May 13, 2025. RIYADH, Saudi Arabia—President Donald Trump opened his four-day Mideast trip on Tuesday by paying a visit to Saudi Arabia’s de facto ruler, Crown Prince ...