Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...

Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.

Professor Michael Mische with USC Marshall School of Business says the loss in supply from the closings plus predictions made ...

By bnm Tehran bureau Iran has remained ahead of Saudi Arabia as the country with the world's cheapest gasoline, with prices ...

Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...

Saudi Arabia’s influence in the region and with Mr Trump means that MBS could yet do more. His country has already hosted ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...

The recent collapse in oil prices threatens Saudi Arabia's Vision 2030 projects but recent images highlight significant ...

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...