Saudi Arabia led a big ‌increase in OPEC oil output in the month ahead of U.S. and Israeli strikes on Iran, a Reuters survey showed on Friday.

OPEC will increase oil production by 206,000 barrels a day next month amid rising crude prices due to US-Israeli strikes on ...

Saudi oil giant Aramco is attempting to reroute some of its crude exports to the Red Sea to bypass the Strait of Hormuz where the risk of attacks has slowed shipping to a near halt, Reuters’ sources ...

European gas prices soared almost 50 percent after Iranian strikes prompted Saudi Arabia to close its biggest oil refinery ...

OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group’s members. Sunday’s meeting of eight members of ...

Saudi Arabia's King Salman named his son as energy minister after veteran official Khalid al-Falih was sacked, state media said Sunday, in a major shakeup as the OPEC kingpin reels from low oil prices ...

Saudi Arabia has started to increase its oil output as part of a contingency plan in the event the United States attacks Iran ...

OPEC's spare capacity exists largely on paper, concentrated in Saudi Arabia and the UAE, but bringing it online could take up ...

Algiers — Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Khalid Al-Falih said it was “imperative” that OPEC nations finalize an agreement over a cut in oil production aimed at ...