Trump will return to the White House with the most pro traditional energy credentials of any U.S. president in recent memory.
The expectation is based on the likelihood of higher OPEC supply in the market in the coming months, led by Saudi Arabia.
OPEC+ delayed a planned increase in oil production, causing prices to rise as analysts debate the long-term impact on the market.
Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by ...
Saudi Aramco, the world's largest oil producer, is facing a tough financial decision in early 2024: whether to continue funding its massive $31 billion quarterly dividend or risk exacerbating Saudi ...
Halliburton's global business is solid, but risks from OPEC+ and US slowdown may impact margins. Learn why HAL stock could ...
Crude Oil tests $72.00 for a break to the upside, after increasing more than 3% on Monday. Tropical storm Rafael to hit a production-sensitive regionin in coming days, could reduce US output by around ...
Business activity in the non-oil private sectors of the UAE and Saudi Arabia continued to strengthen in October, with the ...
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 ...
Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...