Saudi Arabia, the world’s largest oil exporter, has lowered its crude oil prices for Asian buyers to the lowest level in four ...

Saudi Aramco - the world's biggest oil exporter - was one of the biggest losers in the region. The company at one point ...

Stocks on the kingdom’s main exchange fell as much as 6.1%, while gauges in Qatar and Kuwait dropped more than 5.5%. Equities in Tel Aviv dropped the most since October 2023, when Hamas launched the ...

Saudi Arabia, the world's top oil exporter, on Sunday lowered crude oil prices for Asian buyers in May to their lowest in ...

Key OPEC+ nations reiterated the need for members to stick to oil output quotas after the group’s surprise decision to speed ...

For most of this decade, the OPEC+ alliance has been the world's most stalwart defender of high oil prices. In just a few ...

Dubai Oil markets witnessed a significant downturn as Brent crude, the global benchmark, tumbled over 13% in two days, settling just above $66 per barrel. This sharp decline follows the dual impact of ...

The initial 10% "baseline" tariff took effect at US seaports, airports and customs warehouses at 12:01 am ET (0401 GMT), ushering in Trump's full rejection of the post-World War Two system of mutually ...

Already the oil market is tossing aside expectations for 2025. Goldman Sachs Group Inc, one of Wall Street’s long-standing ...

The plunge in oil prices over the past two days following the twin shocks of U.S. President Donald Trump’s tariffs and the ...

Iran and Russia have also been ramping up exports. Energy analysts say Saudi Arabia may have thrown in the towel and switched ...