Sanctions against Moscow are having an effect. Chinese imports of crude from Saudi Arabia, the UAE and Kuwait are rising as ...

Key Opec+ nations agreed to pause further output increases during the first quarter after rapidly ramping up production ...

During a speech to the World Economic Forum on Thursday, President Donald Trump pressured the Saudi Crown Prince to increase his planned $600 billion investment in the U.S. "to a round $1 trillion" ...

President Donald Trump said Thursday that he would call on Saudi Arabia and OPEC to lower oil prices, claiming that the war in Ukraine would end if prices dropped. “I am also going to ask Saudi Arabia ...

The impact of Saudi Arabia in the oil market and its adherence to OPEC+ agreements is widely observed by industry professionals and governments all over the world. The open-handedness of the Kingdom ...

OPEC member Saudi Arabia has slashed its crude oil selling price to Asia for January 2026 to a five-year low amid rising ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...

Saudi Energy Minister Prince Abdulaziz bin Salman said the agreement reached during Sunday’s OPEC+ meetings marks “a turning ...

Crude oil futures fell Thursday after President Donald Trump urged Saudi Arabia and OPEC to cut their prices. Stream Los Angeles News for free, 24/7, wherever you are. U.S. crude oil fell 82 cents, or ...

OPEC production climbs by the most in almost four years as Saudi Arabia, Iraq and Libya boost output amid a stronger outlook for global oil demand, according to the IEA. OPEC production climbs by the ...

Saudi Oil Minister Prince Abdulaziz bin Salman increasingly makes OPEC’s big output decisions, say cartel delegates. Saudi Arabia plans a voluntary production cut ...