Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...

Carole Nakhle, founder and director of Crystol Energy, says the oil price target may be more of an "indirect message" from ...

Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output ...

Crude oil prices fall as OPEC+ plans production hike, Saudi Arabia to raise output, while Libya and China developments impact ...

Saudi Arabia is preparing to increase its oil output to regain its market share, with abandoning its required oil price part ...

Oil prices slumped on Thursday, reversing earlier gains, on news Saudi Arabia, the world's biggest crude exporter, will give ...

Oil prices slipped on Thursday, extending losses from the previous session, after reports suggested Saudi Arabia, the world's ...

The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...

I do not think that the oil price necessarily at the moment harbingers a slowdown, although clearly there is slowdown in some ...

Brent crude fell by as much as 3.7% to $70.72, a two-week low - knocking billions off the value of London-listed energy ...

As reported by the Financial Times, citing sources with knowledge of the matter, Saudi Arabia intends to abandon its unofficial price target of $100 per barrel allowing it to increase oil production.

Saudi Arabia's upcoming oil production increase is set to push prices down further, signalling a shift from its $100 per ...