Saudi Arabia is signaling a major policy shift within OPEC+, warning fellow oil-producing nations that continued ...

Jorge León, a former OPEC analyst, reckons that the pain will continue until the troublemakers reform their ways. It is a risky gamble for Saudi Arabia, which is part-way through an expensive ...

Saudi Arabia's strategic pivot is about letting go of the illusion of market control and moving production back up toward ...

Saudi Arabia, OPEC’s de facto leader ... For the Trump administration, the bearish pressure on oil prices also helps ease concerns that its recent ratcheting up of sanctions on Iran’s oil ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

Saudi Arabia, the kingpin of OPEC+ seems prepared to test the oil market as well as cartel members with strong commitment to ...

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

Saudi Arabia, the de facto leader of OPEC Plus, is signaling that it is reluctant to hold back millions of barrels a day of oil that it could produce, especially when other members of the group ...

OPEC’s de facto leader Saudi Arabia designed the move to punish Iraq and Kazakhstan for poor compliance with production quotas as Riyadh signaled it was unwilling to prop up the market any ...

OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...