Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...

Wednesday closed down -2.21 (-3.66%), and June RBOB gasoline (RBM25) closed down -0.0393 (-1.91%). Crude oil and gasoline ...

Saudi Arabia and Qatar are to settle Syria's outstanding arrears of around $15 million to the World Bank, both countries said ...

Saudi Arabia’s shift from defence of oil price to aiming to expand market share could mean lower crude price for longer, say ...

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, expects to raise $1.25 billion from sale of U.S.

U.S. crude oil stockpiles fell unexpectedly by 2.7 million barrels last week on higher export and refinery demand, the Energy ...

The deal could be announced during US President Donald Trump’s planned trip to the Middle East next month. The United States ...

Oil prices are experiencing a significant drop as Saudi Arabia plans to boost production and the trade war impacts demand.

Oil was little changed after the biggest monthly drop since 2021, as signs that the Saudi-led OPEC+ alliance may be entering ...

Saudi Arabia's non-oil exports reached an all-time high of 515 billion riyals ($137.29 billion) in 2024, the state news agency said on Saturday, as the kingdom continues its push to diversify its ...

JEDDAH (Reuters) - When Saudi Arabia's Red Sea port of Jeddah hosted Formula One star Lewis Hamilton and U.S. singer Jennifer ...

US benchmark WTI crude is down nearly 4% as Saudi Arabia reports emerge that not only can the Saudis sustain today’s low oil prices, but output increases are likely to be announced next week ...