Saudi Arabia’s oil minister reportedly warned fellow producers that oil could drop to $50 if they don’t comply with agreed ...

Part of the issue is that members are not sticking to their pledged cuts. The Saudi minister called out Iraq, which surpassed ...

OPEC said in a statement on Wednesday that a Wall Street Journal article reporting that Saudi Arabia's oil minister had said ...

The Saudi energy minister warned that oil prices could drop to $50 per barrel if OPEC members continue to exceed their agreed ...

Saudi Arabia is again signaling a shift in strategy to protect global market share. The last time this happened, an oil bust ...

Crude oil futures ended with small gains. Saudi Arabia oil minister reportedly warned OPEC members that oil could drop to $50 ...

Saudi Arabia has warned OPEC+ members that it may unleash a price war if they continue to flout their output quotas.

Last week, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel ...

OPEC rebutted a Wall Street Journal report on Wednesday, calling it wholly inaccurate and misleading in saying that Saudi ...

Saudi Arabia has a history of shaking up the market by increasing production. The OPEC leader caused prices to fall below $10 per barrel in 1986 after boosting output to penalize other producers.

“The article falsely reported that a conference call took place in which the Saudi Arabian Energy Minister ... comply with agreed production cuts,” OPEC wrote on social-media platform X, ...