The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...
Reports suggested that Saudi Arabia may increase crude output, reversing its previous production cuts aimed at stabilizing ...
The drop in oil prices was halted on Friday after Israel‘s strikes against Hezbollah‘s headquarters in Lebanon, but prices of ...
Hopes for a ceasefire in the Middle East, combined with potential Saudi production increases and Libyan export restarts, are ...
Oil prices slipped on Thursday, extending losses from the previous session, after reports suggested Saudi Arabia, the world's ...
China stocks closed out their best week since 2008 as the country's central bank cut its reserve requirement for banks.
Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.