Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by ...

Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.

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 ...

Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S. presidential ...

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 oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining ...

"This delayed supply increase means that maybe the group is more willing to support prices than many believe." For its part, ...

Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors ...

While the announcement sent West Texas Intermediate futures to as high as $71.81/bbl and pushed Brent above $75.40/bbl, contracts over the last hour of the morning backed off some of the early gains ...

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 ...