Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...

U.S. shale is more vulnerable than in past price wars, needing $65+ WTI to stay profitable amid rising costs and geological ...

Brazil joined OPEC+ and this signaled its efforts to be one of the key players in the energy sector. As the eighth biggest ...

OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...

Opec does two things well: produce oil and manage the market to its advantage. The cartel has long held that cutting production and keeping the oil price high beats selling more barrels at lower ...

State oil firm Saudi Aramco will ship about 47 million barrels to China in July, a tally of allocations to Chinese refiners ...

RIYADH: When Prince Abdulaziz bin Salman was appointed Saudi Arabia's Energy Minister six years ago, he vowed to heed even ...

OPEC crude oil production rose by 150,000 barrels per day (bpd) in May, reaching 26.75 million bpd, a Reuters survey showed.

OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate ...