U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

The president says lower prices could solve a range of problems, but finds early resistance in the oil market.

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

ISLAMABAD: Pakistan has signed an agreement with the Saudi Fund for Development worth $1.2 billion, paving way for import of ...

A delegation of Saudi Fund for Development (SFD), led by Sultan bin Abdul Rahman Al-Marshad, Chief Executive Officer (CEO) ...

West Texas Intermediate (WTI) Oil price holds modest gains after three consecutive days of losses, trading around $71.10 per ...

Koreas ministry seeks foreign investment for struggling Blue Whale drilling project Korean authorities turn to international ...

Dangote Petroleum Refinery recently exported two jet fuel cargoes to Saudi Aramco, the world’s largest oil producer and a ...

A historic moment will take place in Saudi Arabia this week with Sotheby’s staging the first ever live auction in the kingdom ...

The $20bn 650,000 barrels-per-day Lagos-based Dangote Refinery has scored another first as it well positions itself as a global leader in ...

Saudi Arabia would need oil to be at $90 per barrel in 2025 to balance its budget, according to Capital Economics.