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 Arabia's crude oil exports to China are set to rise to the highest in more than two years in August, five trade sources ...

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

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 ...

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

The eight OPEC+ countries comprise Saudi Arabia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, Oman, and Russia. The group had ...

Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...

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