Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

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

Stock markets in the United Arab Emirates fell on Friday despite China's big stimulus steps as weak oil prices and ongoing ...

Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased ...

Drivers are poised to benefit from lower prices at the pump as the world’s biggest oil exporting nation prepares to ramp up ...

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

Prices of oil continue to drop after a new report revealed Saudi Arabia is considering increasing production later this year.

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

Separately, the Organization of Petroleum Exporting Countries (OPEC), and its allies, a group known as OPEC+, are currently ...

Oil prices turned sharply lower Thursday, on waning hope that supply cuts from the OPEC+ cartel and Chinese economic stimulus ...

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