The kingdom called out members for overproducing, in what was seen as a veiled threat of a price war.

Saudi Arabia's oil minister has warned that oil could hit $50 a barrel if OPEC+ members flout production curbs, in what was ...

OPEC said in a statement on Wednesday that a Wall Street Journal article reporting that Saudi Arabia's oil minister had said ...

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

Moscow will lack the funds to support its war economy if Saudi Arabia fulfils its plans to increase oil production to regain ...

Crude oil futures ended with small gains. Saudi Arabia oil minister reportedly warned OPEC members that oil could drop to $50 ...

Russia is greatly reliant on oil and gas exports, which have represented almost one-third of the country's total federal ...

Saudi Arabia is again signaling a shift in strategy to protect global market share. The last time this happened, an oil bust ...

Increasing geopolitical tensions and concerns about production levels have been fueling volatility in the energy markets ...

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

This stark juxtaposition of geopolitical tensions and internal OPEC+ dynamics underscores the complex forces at play in the ...

Expansions in outputs and new orders, along with a tightening of supply conditions, gave Saudi Arabia’s non-oil economy a ...