U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

The president says lower prices could solve a range of problems, but finds early resistance in the oil market.

American oil producers and Saudi Arabia are pushing back against U.S. President Donald Trump's call to ramp up oil production ...

Saudi Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to ...

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous ...

The cost of producing crude oil in Nigeria has risen to about $40 per barrel, according to a report by the Nigerian Upstream ...

Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

The development of the Jafurah Gas Field will result in a significant increase in Saudi Arabia's gas production. Saudi Arabia ...

Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' ...

OPEC+ didn’t make any changes to its existing oil-production plans at a review meeting on Monday, even as President Donald ...