Saudi Arabia reaffirms full compliance with OPEC+ output targets, highlighting transparency, strategic inventory, and market ...

OPEC+ crude production rose in June but fell short of its planned hike, with Saudi Arabia clarifying its output amid market ...

Saudi Arabia's crude oil exports in May rose to their highest in three months, data from the Joint Organizations Data Initiative (JODI) showed on Monday.

In Riyadh’s own analysis, that supply-to-market figure was 9.36 million barrels a day, a number matched almost identically by OPEC’s independent sources.

OPEC leader Saudi Arabia is aiming to regain market share amid US shale competition and slow Chinese demand. Oil prices could stay lower for longer on OPEC's production ramp up, analysts say. Gas ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate ...

January 23, 2025 1:44 pm President Donald Trump said Thursday that he would call on Saudi Arabia and OPEC to lower oil prices, claiming that the war in Ukraine would end if prices dropped.

The OPEC oil cartel led by Saudi Arabia and other allied producing countries resumed talks on Monday, July 5, 2021, amid a standoff with the United Arab Emirates over how much to raise production ...

“I’m also going to ask Saudi Arabia and OPEC to bring down the cost of oil,” Trump said in his address to the World Economic Forum at Davos, according to a CNBC report. “If the price came ...

According to the government, Saudi Arabia affirms its adherence to the voluntary OPEC+ output target. There is full ...

Saudi Arabia's crude oil exports reached a three-month high in May, driven by the Kingdom's leadership in OPEC+ production increases.