Saudi Arabia has launched production at the $100 billion Jafurah natural gas field, the largest unconventional gas ...

With the OPEC+ production hikes, Saudi Arabia may have reached its maximum sustained output capacity, setting up for a repeat of the 2008 failure to increase output when called on. Despite what ...

July WTI crude oil (CLN25) Wednesday closed down -0.56 (-0.88%), and July RBOB gasoline (RBN25) closed down -0.0448 (-2.16%). Crude oil prices fell from a 2-week high Wednesday and turned lower after ...

July WTI crude oil (CLN25) today is down -0.86 (-1.36%), and July RBOB gasoline (RBN25) is down -0.0465 (-2.24%). Crude oil prices today fell from a 2-week high and turned lower after ...

DAMASCUS] Syria’s state-owned oil and gas company, Syrian Petroleum Company (SPC), has signed strategic agreements with four ...

Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and losing market share. But launching price wars is becoming more painful. The ...

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers. Breakeven prices are critical for oil companies' profitability, with variations ...

Oil fell on signs Saudi Arabia wants another major production increase, raising expectations that a glut of crude will form this year. West Texas Intermediate slid 0.9% to settle below $63 a barrel, ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is seeking to ...

OPEC+ leader Saudi Arabia wants the group to consider reviving more oil production ahead of its scheduled return at the end of next year amid a push to reclaim market share, people familiar with the ...