A global shift in oil market dynamics is raising alarm across the U.S. shale sector, as the Organization of the Petroleum ...

Saudi Arabia currently has more than 230 active drilling rigs operating across the country, according to data released by ...

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...

OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

A surge in global oil production led by Saudi Arabia will start to collide with increasingly weak demand, particularly in ...

The world faces a record glut of oil next year as a Saudi-led cartel ramps up production – just as global demand slumps.

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Opec forecast a tighter global oil market than previously projected, citing accelerating demand growth and a slower expansion ...

This is an audio transcript of the FT News Briefing podcast episode: ‘Opec pops US shale’s balloon’ Marc Filippino Good morning from the Financial Times. Today is Thursday, ...

January 23, 2025 1:44 pm 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.

The OPEC oil cartel led by Saudi Arabia and other allied producing countries resumed talks on Monday, July 5, 2021, amid a standoff with the United Arab Emirates over how much to raise production ...