President Donald Trump may be the only one who calls “tariff” the “most beautiful word in the dictionary,” but his exuberance reflects a broader reality: We are living in an age of economic warfare.

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

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 ...

Compensations until July 2026 will total 4.203 mln barrels per day. Plans were presented by seven out of eight OPEC+ countries that followed voluntary adjustments, specifically Iraq, Kuwait, Saudi ...

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

Saudi Arabia, the world’s leading oil exporter, has announced a reduction in its official selling price for crude oil destined for Asian markets in April. This marks the first price cut in three ...

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

Continuous gold futures on the New York Mercantile Exchange rose 0.65% to $3,010.50 a troy ounce in European midday trading, having reached as high as $3,017.10 earlier in the session. The prior ...

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

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

Thursday's IEA report comes as Brent crude trades at $71 a barrel, while the U.S. oil gauge, West Texas Intermediate, is around $67 a barrel. Futures are pressured by growing concerns over the chaotic ...