Crude oil prices started the week under pressure as Saudi Arabia cut official selling prices for April loadings, while poor economic data from China weighed on sentiments. While there was a brief ...

Trade sources revealed on Thursday that Saudi Arabia, the world’s largest oil exporter, is expected to see a significant decrease in its crude oil shipments to China in April, according to a Reuters ...

This price adjustment comes after OPEC+ announced a production increase and amidst shifting global trade flows due to sanctions on Russian oil ... market adjustment. Saudi Arabia just dialed ...

The statement came shortly after Saudi Arabia, a key ally of Russia in the OPEC+ group, said it will extend its voluntary production cut of 1 million barrels a day through August. Advisory Alert ...

SINGAPORE, March 28 (Reuters) - Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep declines in benchmark prices this month ...

Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.

Aramco's 2024 profits declined due to lower oil prices and production cuts, resulting in a significant decrease in dividends for 2025. The reduced dividends will strain Saudi Arabia's finances ...

A flurry of oil projects from Brazil to Saudi Arabia are set to come online this year, providing the biggest infusion of new crude production in more than a decade.

SINGAPORE, Feb 28 (Reuters) - Top oil exporter Saudi Arabia may ... oil from the Middle East and other regions. Saudi Arabia also kept to its production quota under a pact by the Organization ...