State-owned oil giant Saudi Arabian Oil Co., known as Aramco, set its official selling price for June loadings of Arab Light to Asia at $1.40 a barrel over the Oman/Dubai average, from $1.20 a barrel ...

StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears. Manufacturing is a ...

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

Oil prices are falling further as OPEC and its allies plan to ramp up production. That could be a bonus for the U.S. consumer as recession risks still lurk. Oil prices are sitting at around $60 a ...

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

Crude oil prices fell on Monday, dragged by growing oversupply concerns as the OPEC+ oil producer group agreed to boost output in June. On Saturday, the Organization of the Petroleum Exporting ...

Crude oil prices experienced a rebound due to China signaling willingness to negotiate tariffs with the US, despite being on ...