Saudi Arabia Oil - Search News

News

OPEC Plus Is Increasing Oil Supplies

The New York Times · 1d

Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and may be trying to appease President Trump, who has pushed for lower prices.

New York Post on MSN · 2h

OPEC+ to further speed up oil output hikes, sources say

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks

CNBC on MSN · 3h

U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June

U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month. U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent fell $2.39, or 3.9%, to $58.90 per barrel. Oil prices have fallen more than 20% this year.

9hon MSN

Saudi Arabia is said to pressure OPEC+ members to comply with quotas

Saudi Arabia is signaling a major policy shift within OPEC+, warning fellow oil-producing nations that continued ...

StanChart Cuts 2025 Oil Price Forecast By $16/bbl Amid Trump’s Tariffs

StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears. Manufacturing is a ...

7h

Why Oil Stocks Plummeted in April

The major part of the sell-off was due to the fallout from "Liberation Day" on April 2, when President Trump announced much ...

6don MSN

Oil prices might not recover soon. Here’s what that means for Saudi Arabia’s ambitious transformation plans

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

4d

Saudi Arabia signals it can live with lower oil prices, sources say

Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...

Looking forward to lower oil prices

Inventories may increase by about 200m barrels over the next three quarters, which could drive crude toward the low $50s ...

Middle East Eye2d

Why Saudi Arabia can spend more money than it makes, even as oil prices drop

Experts often talk about the oil price Saudi Arabia needs to balance its budget, but it has time and space to rely on debt, ...

3don MSN

Saudi Arabia's GDP expands 2.7% in first quarter

By Pesha Magid, Hadeel Al Sayegh and Manya Saini RIYADH/DUBAI (Reuters) - Saudi Arabia’s economy grew in the first quarter, ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results