Saudi Arabia reaffirms full compliance with OPEC+ output targets, highlighting transparency, strategic inventory, and market ...

According to the government, Saudi Arabia affirms its adherence to the voluntary OPEC+ output target. There is full ...

Saudi Arabia's crude oil exports reached a three-month high in May, driven by the Kingdom's leadership in OPEC+ production ...

Saudi Arabia's crude oil exports in May rose to their highest in three months, data from the Joint Organizations Data Initiative (JODI) showed on Monday.

Gas could get even cheaper this summer. Supachai Panyaviwat/. OPEC+ is boosting oil output, tanking prices as US summer travel peaks. OPEC leader Saudi Arabia is aimin ...

OPEC 12 output for May 2025 was revised lower by 6 kb/d and April 2025 output was revised lower by 2 kb/d compared to last ...

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...

The group’s message from its biennial gathering in Vienna is that the “energy transition” will lean on hydrocarbons for ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom's June output, according to people familiar with the ...

In Riyadh’s own analysis, that supply-to-market figure was 9.36 million barrels a day, a number matched almost identically by OPEC’s independent sources.

OPEC was the last of the three agencies to present its monthly update of its forecasts this week, Commerzbank's commodity ...

A group of eight major oil producers - Saudi Arabia, Russia, the United Arab Emirates, Kuwait, Oman, Iraq, Kazakhstan and Algeria - decided on Saturday to increase joint production by 548,000 barrels ...