Saudi Arabia, the world's top oil exporter, on Sunday lowered crude oil prices for Asian buyers in May to their lowest in ...

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...

The Saudi efforts to diversify the oil-reliant economy need a sustained period of healthy oil demand and relatively high oil ...

Iran and Russia have also been ramping up exports. Energy analysts say Saudi Arabia may have thrown in the towel and switched ...

Oil prices tumbled Thursday amid worries about an escalating trade war from Trump's tariffs, as OPEC and its allies sped up ...

Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep ...

Saudi Arabia is set to significantly reduce its crude oil prices for Asian buyers in May, driven by falling regional ...

Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a ...

West Texas Intermediate futures are down 6% this week, touching an almost two-year low of US$65.21 ($87.35) a barrel.

The eight nations, according to OPEC’s official website, noted, “This comprises the increment originally planned for May in ...

Saudi Arabia, Russia, Iraq, the UAE and others reviewed global market conditions and decided to raise collective output by 411,000 barrels per day starting in May.

Global oil prices tumbled on Friday amid the emergence of tariffs affecting world’s economies. Crude oil price data showed ...