WASHINGTON—President Trump is planning to visit Saudi Arabia, Qatar and potentially the United Arab Emirates in the coming ...

Trade sources revealed on Thursday that Saudi Arabia, the world’s largest oil exporter, is expected to see a significant decrease in its crude oil shipments to China in April, according to a Reuters ...

Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.

The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...

As it stands, Breakwave said Saudi Arabia is in a position to reclaim market share amid tepid Chinese oil demand, production ...

OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

Russia's central bank warns Kremlin policymakers of potential oil market flooding by the U.S. and OPEC, which could echo the ...

They also meet in extraordinary sessions whenever required. September 14, 1960 – OPEC is formed in Baghdad, Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. November 6, 1962 – OPEC is ...