Iran and Russia have also been ramping up exports. Energy analysts say Saudi Arabia may have thrown in the towel and switched ...

Inayat-ur-Rahman, Business Editor / Reuters Eight Opec+ countries unexpectedly agreed to advance their plan to phase out oil ...

Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...

Oil prices were heading towards their lowest close since the midst of the coronavirus pandemic in 2021 on Friday, hit by US ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

The oil-exporting countries of the Persian Gulf weren't spared from President Trump's sweeping global tariffs, despite ...

Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a ...