Top exporter, Saudi Arabia, is expected to slash the price of crude oil shipped to Asia for January, to the lowest in years, ...

Saudi Arabia could play a pivotal role in hampering Russia's military operations in Ukraine by slashing the oil price, say ...

NEW YORK/LONDON (Reuters) - Donald Trump has promised to "drill, baby, drill" to halve energy costs, a plan that sends ...

RIYADH: Saudi Arabia and the United Arab Emirates cranked up the tension in their Opec standoff as the rare diplomatic spat between long-time allies leaves the global economy guessing how much oil ...

Saudi Arabia announced on Monday the Riyadh Global Drought Resilience Partnership, pledging to contribute 150 million U.S. dollars to the initiative over the next 10 years.

The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were ...

OPEC+ plans to hold this weekend’s meeting online rather than in-person as originally indicated, delegates said.

Saudi Crown Prince Mohammed bin Salman flew to the United Arab Emirates, the Saudi state news agency said on Sunday, the first such visit in three years.

Saudi Arabia might jeopardize Russia's war efforts if the Middle Eastern nation decides to manipulate global oil prices.

Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to curbing supply. That bodes ...

Top OPEC+ ministers have held talks ahead of the oil producer group's weekend meeting to set output policy, which OPEC+ ...

"Leadership of OPEC is a multifaceted responsibility ... Cooper sees a potential price war as bad news for Russia. "Unlike Saudi Arabia, its oil is not cheap to extract, making it poorly equipped ...