Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

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

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.

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

Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...

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

President Donald Trump in a speech in Saudi Arabia urged Iran to take a “new and a better path” as he pushes for a new ...

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

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 ...