News

The OPEC+ oil cartel may collapse as early as 2025. After that, Russia will lose the opportunity to make money on oil sales.
Saudi Arabia wants U.S. help developing its own civil nuclear program, and the Trump administration says it’s “very excited” ...
President Trump’s trip to the Middle East next week — visiting Saudi Arabia, Qatar and United Arab Emirates — will be focused ...
In the first foreign tour of his second term, US President Donald Trump will arrive in Saudi Arabia on Tuesday before ...
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 ...
When the operation began, the Houthis were explicitly targeting Israel as well as Israeli-linked ships—though not U.S.
California also imports its gasoline from faraway countries, such as Iraq and Saudi Arabia, which increases prices due to transportation costs.” ...
Gov. Gavin Newsom’s office is pushing back on claims made in a recent report that gas prices in California could surpass $8 per gallon by the end of 2026. The report, authored by Michael A. Mische ...
Trump’s agenda will likely include Israel-Gaza ceasefire talks, oil, trade, investment deals, and potential announcements on ...
The Saudi oil production increase threatens U.S. shale and could spark another market shakeout as global supply surges face ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...