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

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

Saudi Arabia’s oil minister reportedly warned fellow producers that oil could drop to $50 if they don’t comply with agreed ...

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

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

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

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

Last week, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel ...

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

Saudi Arabia, the de-facto leader of the Organization of the Petroleum Exporting Countries, is once again faced with a ...

Even as geopolitical tensions mount, a panel meeting of OPEC on Wednesday maintained status quo on the cartel’s oil output ...