The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

The House of Saud is not just a royal family, it is an empire. With an estimated net worth of £1.1 trillion ($1.4 trillion), ...

While Halliburton's valuation now appears reasonable, activity levels will likely need to stabilize before the stock rebounds ...

The IEA forecasts that with higher OPEC+ targets for August, world oil supply is projected to rise by 2.1 mb/d to 105.1 mb/d this year ...

The Israel-Iran war pushed GCC states to enhance diplomacy with Iran, reject Israel’s military-driven model as incompatible with their economic focus ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...

BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound BP warned lower oil and gas prices would hit its second-quarter performance, but said it expects higher upstream production and a ...

Saudi Arabia’s total non-oil trade with GCC hits $4.2bn, driven by booming re-exports and growing ties with UAE, Bahrain, and Oman ...

According to the International Energy Agency, the target production level of OPEC+ countries under the deal, taking into account voluntary reductions and compensations for overproduction, was 34.39 ...

Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...

BRICS members are India, Brazil, Russia, China, South Africa, Saudi Arabia, Egypt, United Arab Emirates, Ethiopia, Indonesia, ...