Saudi Arabia, the world's largest oil exporter, is expected to see a significant decrease in its crude oil shipments to China ...

Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a ...

Crude oil prices started the week under pressure as Saudi Arabia cut official selling prices for April loadings, while poor ...

Saudi Arabia is set to significantly reduce crude oil shipments to China in April due to planned refinery maintenance, ...

Saudi Arabia’s state-owned oil giant reported a $106.25 billion profit in 2024, down 12% from the prior year as the lower ...

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

Output hike comes after Donald Trump showed a more favourable poise towards Russia ...

Qatar has reduced the price of its al-Shaheen crude for May deliveries, following Saudi Arabia's lead, due to a well-supplied oil market and increased OPEC+ production.

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

Saudi state oil producer Aramco reported a decline in net profit in 2024 and warned of a dividend cut. Lower oil prices hit ...

The increase is driven by a rise in the activities of manufacturing industry, water supply and sanitation, and waste ...

Already, Saudi’s de facto ruler Crown Prince Mohammed ... met online Monday and agreed to proceed with an increase in oil production starting in April. It’s the first oil production increase ...