Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Saudi Arabia is willing to endure short-term oil price and revenue pain ...

Saudi Arabia is batting down the hatches for a "long and shallow” oil price war, in part to clip the wings of US shale energy ...

Oil futures were in retreat Thursday morning ... as it prepares to increase production in a bid to take back market share. Saudi Arabia and seven other members of OPEC+ — made up of the ...

While Saudi Arabia needs oil prices near $100/bbl to balance its budget, the kingdom has decided against sacrificing market share and believes it can rely on alternative funding sources like ...

while U.S. oil output has risen to 20% of world supply. Saudi Arabia has decided that it will not continue to cede market share and believes it has enough funding options, including foreign ...

LAUNCESTON, Australia, Dec 2 (Reuters) - Saudi Arabia clawed back market share of Asia's crude oil imports in November, while Russia surrendered some of its barrels in what may be an early sign of ...

Photo: Royal Commission for Riyadh City Saudi Arabia’s sway over the Organization of the Petroleum Exporting Countries long meant unquestioned dominance of the global oil market. Those days are ...

Saudi Arabia needs an oil price of close to $100 a barrel to ... However, the kingdom has decided it is not willing to continue ceding market share to other producers, the people said.