Wall Street giants have been flocking to the Middle East for a slice of the region’s vast oil wealth, but escalating tensions ...

The possibility that Saudi Arabia will lift the "floodgates" on its oil production has climbed in recent weeks, fueled by "deteriorating cohesion" among a group of major oil producers known as OPEC+, ...

Part of the issue is that members are not sticking to their pledged cuts. The Saudi minister called out Iraq, which surpassed ...

Saudi Arabia has warned OPEC+ members that it may unleash a price war if they continue to flout their output quotas.

OPEC rebutted a Wall Street Journal report on Wednesday, calling it wholly inaccurate and misleading in saying that Saudi ...

If the OPEC+ countries do not fulfill their obligations to produce oil, then the price of oil may fall to $ 50 per barrel.

Saudi Arabia's oil minister says oil prices could fall as low as $50 per barrel if OPEC+ keeps overproducing, according to a Wall Street Journal report. Prince Abdulaziz bin Salman's forecast ...

Brent crude, the international benchmark, briefly gained 5 per cent before settling at 2.4 per cent higher, just under $70 ...

Russia has by far the most artillery units in Asia There are nearly 15,000 artillery units in Russia’s arsenal as well as a ...

Crude oil futures ended with small gains. Saudi Arabia oil minister reportedly warned OPEC members that oil could drop to $50/bbl if cheaters failed to comply with agreed production cuts.

Talks held with Qatar, Egypt, and Saudi Arabia on proposal to break a two-year deadlock on electing a president while terror ...