Saudi Arabia reaffirms full compliance with OPEC+ output targets, highlighting transparency, strategic inventory, and market ...

Rising summer temperatures drove Saudi Arabia to become Russia's largest seaborne fuel oil customer in June, allowing the ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

Saudi Arabia's crude oil exports to China are set to rise to the highest in more than two years in August, five trade sources said on Friday, as the top exporter seeks to regain market share in the ...

Saudi Arabia exported just under 6.2 million barrels of crude Oil per day in May, according to data from the Joint Official ...

Saudi Arabia's share of the oil market is set to rise this decade to its highest since the 1980s as investment in production elsewhere dries up in the wake of the coronavirus crisis, J.P. Morgan ...

Saudi Arabia is poised to increase its crude oil exports to China, reaching their highest level in over two years. The move by Saudi Arabia reflected the top exporter’s strategy to reclaim market ...

In June 2025, Saudi Arabia emerged as the top buyer of Russian seaborne fuel oil and vacuum gasoil (VGO), overtaking India ...

Crude prices were undercut Wednesday after Bloomberg reported that Saudi Arabia is open to additional crude production hikes in a bid to increase its market share. The report stated that Saudi ...

What to Know: Saudi Arabia drove the decision to increase output. The countr y aims to discipline OPEC+ members like Iraq and Kazakhstan for exceeding their quotas and regain market share after ...

Oil edged lower in the early Asian session. There is a report “indicating that Saudi Arabia is exerting considerable pressure for a more aggressive increase in oil supply by OPEC+,” XS.com said.

According to the government, Saudi Arabia affirms its adherence to the voluntary OPEC+ output target. There is full ...