Concern about a global oil glut is negative for crude prices. On July 5, OPEC+ agreed to raise its crude production by ...

Rising summer temperatures drove Saudi Arabia to become Russia's largest seaborne fuel oil customer in June, allowing the ...

Saudi Arabia's crude oil exports in May rose to their highest in three months, data from the Joint Organizations Data ...

Oil markets have remained remarkably resilient so far this year, despite concerns over U.S. President Donald Trump's trade ...

WTI crude oil (CLQ25 ) on Monday closed down -0.14 (-0.21%), and August RBOB gasoline (RBQ25 ) closed down -0.0215 (-1.00%).

TotalEnergies has warned that global oil markets are tipping into excess supply, as Opec+ increases production while demand keeps weakening. The alert came Thursday from the company’s Q2 earnings call ...

The country also increased the prices for all crude grades it sells to refiners in Northwest Europe and the Mediterranean by ...

Saudi Arabia exported just under 6.2 million barrels of crude Oil per day in May, according to data from the Joint Official ...

Oil exports increased by 25,000 barrels per day (bpd) in May, reaching 6.19 million bpd, according to JODI data, which is ...

Saudi Arabia’s crude exports and production rose sharply in April as OPEC+ accelerated plans to unwind its oil output cuts, ...

Saudi crude exports to China will reach their highest level in two years in August despite higher prices and rising ...

Saudi Arabia promised to invest $600 billion in the U.S. during President Donald Trump’s trip there.But the kingdom is currently running a deficit, and boosting its spending to promised levels ...