Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and ...

After holding back supply for almost three years to push prices higher, the output curbs are no longer having as much impact, ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...

OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...

RIYADH: When Prince Abdulaziz bin Salman was appointed Saudi Arabia's Energy Minister six years ago, he vowed to heed even ...

As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...

Brazil joined OPEC+ and this signaled its efforts to be one of the key players in the energy sector. As the eighth biggest ...

Iran is seriously considering closing the strategic Strait of Hormuz after launching missile attacks on Israel, threatening a ...