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

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

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

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

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

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Saudi Arabia is expected to be Pakistan’s largest source of external financing in the upcoming fiscal year with over $6 billion in support as the South Asian country seeks to raise more than $20 ...

A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...

Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season ...

Crude oil futures turned lower in a volatile session, as a Bloomberg report said Saudi Arabia is open to additional ...

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