Oil markets stayed stuck on the fence Friday after Exxon Mobil and Chevron both posted stronger-than-expected profits, even ...

Despite a downturn in July, financial analysts view the current levels of Saudi Arabia’s stock market as an attractive entry ...

Saudi Arabia reaffirms full compliance with OPEC+ output targets, highlighting transparency, strategic inventory, and market ...

Failure of IPOs to match stellar performance of 2023 and 2024 shows concern over oil prices and state borrowing, analysts say ...

Saudi Arabia's share of the oil market is set to rise this decade to its highest since the 1980s as investment in production elsewhere dries up in the wake of the coronavirus crisis, J.P. Morgan ...

Rising summer temperatures drove Saudi Arabia to become Russia's largest seaborne fuel oil customer in June, allowing the ...

Saudi Arabia is again making news in the oil markets. In a move reminiscent of the disastrous price war of 2015-2016 (see OPEC’s Trillion Dollar Miscalculation), the kingdom has decided to boost ...

In 2014, Saudi Arabia launched a market share war to strangle soaring U.S. shale production. In 2020, it clashed with Russia at the peak of the coronavirus pandemic.

OPEC+ is accelerating its next meeting to approve a 411,000 b/d production increase as the group, led by Saudi Arabia, aggressively seeks to regain market share.

Saudi Energy Minister Prince Abdulaziz bin Salman and Russian Deputy Prime Minister Alexander Novak held a meeting in Riyadh to discuss recent developments in the global oil market and ongoing ...