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

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 ...

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) 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 ...

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, ...

Damascus signs agreements to rehabilitate war-damaged oil and gas fields, boost power supplies, and signal the start of a wider reconstruction push .

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 ...

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 ...

The oil producers’ group maintained plans to keep output levels unchanged at its latest meeting, as market fears over a ...