OPEC Plus will extend its cuts until at least December. Demand has weakened, and other countries, including the United States ...

Saudi Arabia's ambitious Vision 2030 economic diversification plan faces a challenge as the breakeven oil price rises, ...

Top oil exporter Saudi Arabia is expected to cut prices for most of the crude grades it sells to Asia in October after Middle ...

Saudi Arabia, and several other oil-producing nations have extended their voluntary cuts in oil production, aiming to ...

OPEC+ countries that are OPEC members - according to the agreement, only nine OPEC countries reduce production - raised output in August by 9,000 bpd to 21.48 million bpd and exceeded planned ...

Saudi Arabia, the world rsquo;s largest oil exporter, is anticipated to lower the prices for most of its crude oil grades sold to Asian markets in October 2024, following a significant decline in the ...

Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman have extended voluntary cut ...

The rises in Nigerian and Iranian production offset a large part of the cuts from Saudi Arabia, which is estimated to have kept its oil output in line with the pledge to pump around 9 million bpd ...

Riyadh could soon run a current account deficit as oil revenue declines amid huge spending commitments toward ambitious ...

Oil prices fall as Saudi Arabia considers cutting October crude prices for Asia amid weak demand, while OPEC+ prepares to ...

The expected price cuts range from 50 to 70 cents per barrel, reflecting weak refining margins in China and an increase in ...