Gas could get even cheaper this summer. Supachai Panyaviwat/. OPEC+ is boosting oil output, tanking prices as US summer ...

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...

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

Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...

TEHRAN - Iran has become the second-largest oil refiner among OPEC member states, with a daily refining capacity of 2.237 million barrels — accounting for 16 percent of OPEC’s total and 2.1 percent of ...

Saudi Arabia raised prices for its main crude grade for buyers in Asia next month as demand for oil and fuels holds up. The move, a day after OPEC producers agreed to a fourth round of big output ...

Saudi Arabia’s oil exports soared in June as the kingdom tries to claw back market share from other members of the energy ...