Oil prices fell by more than $1 a barrel on Monday after OPEC+ decided to accelerate its output hikes, causing concerns about ...

U.S. crude oil futures fell more than 2% on Monday, after OPEC+ agreed to surge production for a second month.

Saudi Arabia has increased the price of its flagship crude grade loading for Asia in June, even as OPEC+ decided to continue ...

Saudi Arabia and India are facing challenges in initial talks regarding Saudi investment in Indian refineries, primarily due ...

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 ...

The Q1 2025 deficit is more than three times the SR12 billion recorded in the same quarter last year. The decline in overall ...

Oil prices slumped on Monday after OPEC+ countries announced a sharp production increase despite oversupply concerns and ...

Oil prices fell more than 1% on Monday after major oil producers, members of OPEC+ decided over the weekend to further speed ...

Brent crude has plummeted to $60.00 per barrel, its lowest level in four years, as Saudi Arabia shifts strategy and global ...

Oil prices have taken a nosedive following a recent decision by OPEC+ to increase global oil production. This move has sent shockwaves through the energy market, with Brent crude dropping by 4.6% to ...

Oil prices have slumped to a four-year low as concerns about a supply glut from Saudi Arabia and slowing global economy have ...