Saudi Arabia, OPEC’s de facto leader ... For the Trump administration, the bearish pressure on oil prices also helps ease concerns that its recent ratcheting up of sanctions on Iran’s oil ...

Economic uncertainty over Trump’s tariff policy has depressed global energy prices — as has OPEC more rapidly opening up production than initially thought. Saudi Arabia in particular needs ...

The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...

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

Iraq, which is under pressure ... Saudi Arabia, and in Gulf members the United Arab Emirates and Kuwait, despite higher OPEC+ quotas for April. “While the survey and March data provided by OPEC ...

There was little change in output from top producer Saudi Arabia, and in Gulf members the United Arab Emirates and Kuwait, despite higher OPEC+ quotas for April. While the survey and March data ...

The biggest drop among OPEC ... pressure to boost compliance with OPEC+ output quotas, also curbed output, the survey found. There was little change in output from top producer Saudi Arabia ...

Saudi Arabia, the leading member of OPEC, has been pursuing an unconventional strategy ... or face further financial pressure. This tactic, which might seem counterintuitive to the kingdom’s ...

(MENAFN- Jordan Times) Kingdom of Saudi Arabia does not deserve the attack it has been subjected to because of the OPEC+decision claims regarding cutting oil productionby 2 million barrels per day.

Saudi Arabia's strategic pivot is about letting go of the illusion of market control and moving production back up toward ...