The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...

Drivers are poised to benefit from lower prices at the pump as the world’s biggest oil exporting nation prepares to ramp up ...

Prices of oil continue to drop after a new report revealed Saudi Arabia is considering increasing production later this year.

Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...

Crude oil prices fall as OPEC+ plans production hike, Saudi Arabia to raise output, while Libya and China developments impact ...

HOUSTON (Reuters) - Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top ...

Oil prices turned sharply lower Thursday, on waning hope that supply cuts from the OPEC+ cartel and Chinese economic stimulus ...

Oil prices dropped on Thursday, reversing earlier gains, as news of top exporter Saudi Arabia giving up its crude oil price ...

Europe's Stoxx 600 jumped 1%, closing in on August's all-time high, while Chinese onshore bluechips and Hong Kong's Hang Seng ...

Saudi Arabia's upcoming oil production increase is set to push prices down further, signalling a shift from its $100 per ...

Earlier this week, Saudi Arabia reportedly decided to ramp up its oil production from December, abandoning its earlier target ...