Jafurah is projected to deliver up to 2 Bscfd of gas by 2030, yet that would only displace roughly 334,000 bpd of oil ...

The OPEC+ alliance is expected to confirm it will hold oil production steady through the first quarter of 2026, despite a recent public spat between top members Saudi Arabia and the United Arab ...

With the OPEC+ production hikes, Saudi Arabia may have reached its maximum sustained output capacity, setting up for a repeat of the 2008 failure to increase output when called on. Despite what ...

The impact of Saudi Arabia in the oil market and its adherence to OPEC+ agreements is widely observed by industry professionals and governments all over the world. The open-handedness of the Kingdom ...

October WTI crude oil (CLV25) is down -1.91 (-3.01%), and October RBOB gasoline (RBV25) is down -0.0576 (-2.87%). Crude oil and gasoline prices are sharply lower after a report that Saudi Arabia wants ...

Saudi Arabia, the world's biggest oil exporter, is expected to lower the February price for its flagship Arab Light crude for Asian buyers for a third month, mirroring declines in the spot market due ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...

OPEC+ leader Saudi Arabia wants the group to consider reviving more oil production ahead of its scheduled return at the end of next year amid a push to reclaim market share, people familiar with the ...

Saudi Arabia, the world’s largest oil exporter, is poised to cut the February price for its benchmark Arab Light crude for Asian customers for the third consecutive month, reflecting a broader trend ...

Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices ...