Saudi Arabia may cut its official selling price for crude oil by as much as $0.40-$0.50 per barrel for Asian buyers, Reuters has reported, citing sources from the refining industry. The expected ...

In a joint statement, which was posted on Saudi Arabia’s energy ministry website and Kuwait’s official oil ministry X account, the governments of Saudi Arabia and Kuwait announced a new oil ...

Saudi Arabia boosts output by up to 2.2M bpd, pressuring oil prices and forcing OPEC+ compliance. Crude oil falls below $60 as increased supply and weak demand weigh on the oil market outlook.

May 20, 2025 Saudi poised to increase summer crude burn for power as fuel oil becomes costly Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps ...

US dollar, stock futures and oil prices rallied following the decision of a US court to block President Donald Trump’s ‘Liberation Day’ import tariffs from taking effect. On Wednesday, the ...

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1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 447.06 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.45 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.38 ...

The House G.O.P.’s Trump-backed “One Big Beautiful Bill” makes a reckless three-trillion-dollar gamble with America’s creditworthiness. The seventy-six-year-old theatre diva, famed and ...

WASHINGTON :Elon Musk on Tuesday postponed by a few hours an expected update on SpaceX's plan to launch missions to Mars, saying it will take place after a Starship test flight scheduled for later ...

A strategic pivot is unfolding in Saudi Arabia’s oil policy, as the kingdom plans to move away from its unofficial target of $100 per barrel. This decision comes as the nation gears up to increase its ...