Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...

Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end ...

Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output ...

OPEC’s oil production rose last month as Libya restored output that was halted during a brief political crisis.

Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December, tracking weakness in ...

Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by ...

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, ...

Trump will return to the White House with the most pro traditional energy credentials of any U.S. president in recent memory.

RIYADH — Saudi Arabia and seven other OPEC+ countries decided to extend additional voluntary cuts of 2.2 million barrels per day (bpd) for one more month until the end of December 2024. The OPEC ...

OPEC+ delayed a planned increase in oil production, causing prices to rise as analysts debate the long-term impact on the market.

The backdrop of the group’s production boost is a murky market landscape: Brent crude oil prices have dropped nearly 19% since early April, falling to below $74 per barrel, driven by demand fears in ...

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...