Saudi Arabia has increased its August Arab Light crude price to Asia by $2.20 per barrel, the highest in four months, driven by peak domestic energy consumption, increased exports to China, and an ...

Saudi Arabia, the world's biggest oil exporter, may raise its August crude oil prices for buyers in Asia to the highest in ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

Saudi Aramco is raising crude prices globally next month despite OPEC+’s decision to significantly increase oil supply.

Saudi Arabia’s crude exports and production rose sharply in April as OPEC+ accelerated plans to unwind its oil output cuts, ...

NEW YORK] Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was ...

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...

Expectations that Saudi Arabia will raise its August crude oil prices for buyers in Asia to a four-month high as well as firm ...

The PIF said that the impairments were mainly related to changes in operational plans and increases in budgeted costs.

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

South Africa imports most of its petroleum and crude oil from Nigeria and Saudi Arabia. In 2023, it imported $2.28-billion ...