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Saudi Arabia can control oil supply. Demand could be its Achilles heel
Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but worsening global economic conditions mean the kingdom's standard playbook might be less effective this time around.
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
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 ...
Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...
Meanwhile, oil bulls are throwing in the towel. Standard Chartered slashed its 2025 Brent forecast by $16 to $61/bbl, citing ...
Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
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Iran pips Saudi Arabia and Russia as having world's cheapest gasolineBy bnm Tehran bureau Iran has remained ahead of Saudi Arabia as the country with the world's cheapest gasoline, with prices ...
Saudi Arabia’s influence in the region and with Mr Trump means that MBS could yet do more. His country has already hosted ...
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