The Saudi Arabian central bank’s foreign assets fell in April as the government borrowed heavily abroad, according to official

Few days back, 25th March,  OPEC met market expectations by extending the OPEC and non-OPEC crude oil production cuts enacted on

OPEC and non-member oil producers moved closer on Wednesday to clinching a deal on extending output cuts by nine months to clear a

OPEC and non-member oil producers could deepen output cuts or extend them for a year when they meet in Vienna this week as they seek

Know thy enemy The markets frustrate OPEC’s efforts to push up oil prices The cartel is fighting not just shale producers but the

Oil prices were little changed on Tuesday as the market awaited direction from weekly U.S. inventory data and as Kuwait joined top

Oil prices jumped 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and Russia