Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will ...

Saudi Aramco, the world's largest oil producer, is facing a tough financial decision in early 2024: whether to continue funding its massive $31 billion quarterly dividend or risk exacerbating Saudi ...

Halliburton's global business is solid, but risks from OPEC+ and US slowdown may impact margins. Learn why HAL stock could ...

Business activity in the non-oil private sectors of the UAE and Saudi Arabia continued to strengthen in October, with the ...

Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...

Saudi Arabia's national oil company Aramco said its third-quarter profit fell as its downstream division booked a loss on weak refining margins, and that it plans to pay $31.05 billion in dividends.

The OPEC+ group, which includes Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, will extend oil output cuts again by 1 month ...

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...

You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. OPEC. “Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, ...

Eight members of OPEC+, which groups the Organization of the Petroleum Exporting Countries plus Russia and other allies, were due to raise output in December as part of a plan to gradually unwind the ...