Saudi Arabia, the world’s biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after Opec+ hiked output for a fourth month. However, the price cut was smaller than expected.

“Once Saudi Arabia takes the lead in accelerating output increases, historical experience suggests that the market could face ...

Saudi Arabia, the world's biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after OPEC+ hiked ...

HOUSTON: Oil prices edged lower on Wednesday after US data showed larger-than-expected inventories of gasoline ...

Fuel rates were held steady on Thursday, unchanged across most metro cities. The last major revision in petrol prices was in ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.00 during the Asian trading hours on Thursday. The WTI price edges lower as Saudi Arabia signals it may push for a ...

OPEC+ launched a major initiative to define maximum sustainable production capacity (MSC) by 2027, an iniative that could ...

Oil prices edged lower on Wednesday after U.S. data showed larger-than-expected inventories of gasoline and diesel, adding to ...

Saudi Arabia lowered the July price of its Arab Light crude for Asian buyers after OPEC+ decided to accelerate output hikes.

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

Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in ...