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

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

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

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 ...

While diversifying Saudi Arabia’s economy is crucial for sustainable growth, higher revenues would strengthen support for major investment projects. Are OPEC production quotas the main reason ...

As the US and Russia meet in the Saudi capital, Riyadh, to discuss a ceasefire in Ukraine, the talks potentially mark the end ...

Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more ...

Saudi Arabia remains the world’s “swing producer” of oil and the leader of OPEC, and the crown prince guides its policies. He is behind the oil cartel’s decision to raise output.

The Saudi-led cartel said its members would start gradually pumping more oil in April. By Rebecca F. Elliott Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC ...

Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman agreed on the importance of upholding ...

Saudi Arabia, the world's largest oil exporter, is expected to see a significant decrease in its crude oil shipments to China ...