Saudi Arabia has increased its August Arab Light crude price to Asia by $2.20 per barrel, the highest in four months, driven by peak domestic energy consumption, increased exports to China, and an ...

Saudi Arabia reportedly overshot its June oil production quota by 700,000 barrels per day, raising questions about OPEC+ ...

Saudi Arabia's crude oil exports to China are set to rise to the highest in more than two years in August, five trade sources ...

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

OPEC+ jolted markets by announcing it would flood the market with more oil.

Oil prices surged after Saudi Arabia and some other oil producers announced they're reducing their oil output. That will send gas prices higher – and benefit energy companies in America.

Oil prices rose Monday after Saudi Arabia said it would slash output by another one million barrels per day for at least a month starting in July as part of an effort by OPEC+ producers to shore ...

But Saudi Arabia knows that it cannot rely solely on a fluctuating oil market for income. Along with its efforts to raise oil prices, it is also trying to bring in investment from abroad.

Global crude oil prices rose sharply on Monday after Saudi Arabia announced plans to unilaterally cut its oil production by 1 million barrels per day while other oil-producing nations under OPEC+ ...

What makes gas prices go up and down? 04:04 Saudi Arabia said on Monday that it "won't bear any responsibility" for a shortage in global oil supplies after a fierce barrage of attacks by Yemen's ...

The major exporters announced supply cuts amid concerns about weaker demand’s effects on prices. By Stanley Reed Saudi Arabia said Monday that it would extend a cut in oil production of one ...