Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...

OPEC increased oil production by 200,000 barrels per day in May, driven largely by Saudi Arabia’s push for accelerated output ...

Saudi Arabia's national oil company said it sold $5 billion of medium-term bonds. Aramco said Tuesday that the offering received strong interest from a diverse set of institutional investors.

The expansion in Saudi Arabia's non-oil private sector activity quickened in May, driven by accelerated growth in new orders, ...

Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.

TotalEnergies has made strides to become more diversified into renewables, but it still gets over half its operating income ...

Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend declared that U.S. energy companies are “battening down the hatches.” Major ...

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...

Saudi Arabia led the OPEC+ group in such a way that the coalition agreed to a third consecutive large monthly increase in oil ...

Saudi Arabia led the OPEC+ group in a way that resulted in the cartel agreeing to a third consecutive large monthly increase ...

OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...

OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...