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Trump has pressured OPEC and its de facto leader Saudi Arabia to cut oil prices and urged Riyadh to invest $1 trillion in the ...
President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn ...
Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil ...
SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter ... recalled past market share battles when OPEC producers competed to sell extra barrels, pushing prices lower.
Oil prices hit their lowest in over four years with the benchmark Brent crude briefly even slipping below $60 per barrel ...
Sentiment was also dampened by Saudi Arabia reducing its crude selling price for Asian buyers ahead of the planned OPEC+ production boost. "The scale of tariffs, combined with the decision from ...
Saudi Arabia, in February, produced about 9 million barrels of crude oil per day, according to Organization of the Petroleum Exporting Countries (OPEC’s) March report. Saudi Arabia is one of the ...
Saudi Arabia, OPEC's de-facto leader and the world's biggest oil exporter, has grown impatient with non-compliant members. The top three offenders are Kazakhstan, Iraq and the United Arab Emirates ...