Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...

China has decided to lift sanctions on four members of the European Parliament as well as on its subcommittee on human rights ...

Crude oil futures closed lower for a third straight day, hit by a surprise Q1 contraction in U.S. economic activity and a Reuters report that Saudi Arabia is prepared to handle a prolonged period of ...

US benchmark WTI crude is down nearly 4% as Saudi Arabia reports emerge that not only can the Saudis sustain today’s low oil ...

NEW YORK] Oil prices settled down on Wednesday (Apr 30) and recorded the largest monthly drop in almost 3½ years after Saudi ...

Oil prices settled down on Wednesday and recorded the largest monthly drop in almost 3-1/2 years after Saudi Arabia signalled a move toward producing more and expanding its market share, while the ...

The deal could be announced during US President Donald Trump’s planned trip to the Middle East next month. The United States ...

Oil prices are experiencing a significant drop as Saudi Arabia plans to boost production and the trade war impacts demand.

Saudi Arabia and Qatar are to settle Syria's outstanding arrears of around $15 million to the World Bank, both countries said ...

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, expects to raise $1.25 billion from sale of U.S.

JEDDAH (Reuters) - When Saudi Arabia's Red Sea port of Jeddah hosted Formula One star Lewis Hamilton and U.S. singer Jennifer ...