Jorge León, a former OPEC analyst, reckons that the pain will continue until the troublemakers reform their ways. It is a risky gamble for Saudi Arabia, which is part-way through an expensive ...

Saudi Arabia, OPEC’s de facto leader ... For the Trump administration, the bearish pressure on oil prices also helps ease concerns that its recent ratcheting up of sanctions on Iran’s oil ...

Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.

The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...

Iraq, which is under pressure ... Saudi Arabia, and in Gulf members the United Arab Emirates and Kuwait, despite higher OPEC+ quotas for April. “While the survey and March data provided by OPEC ...

LONDON (Reuters) -OPEC ... under pressure to boost compliance with OPEC+ output quotas, also curbed output, the survey found. There was little change in output from top producer Saudi Arabia ...

There was little change in output from top producer Saudi Arabia, and in Gulf members the United Arab Emirates and Kuwait, despite higher OPEC+ quotas for April. While the survey and March data ...

This past weekend, OPEC, led by Saudi Arabia, announced it would increase production by 411k barrels per day. The action follows a 250k increase last month. The decision is different from OPEC’s ...