Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion, down 4.6% from the prior year ...

with BCA Research claiming that Saudi Arabia is deliberately driving oil lower. At 05:30 ET (09:30 ET), Brent futures climbed 3% to $65.83 a barrel, and U.S. West Texas Intermediate crude futures ...

The agreements were signed during Trump's visit to the kingdom, in which the U.S. president secured $600 billion in ...

Investing.com - Crude oil prices have bounced at the start of this week on news of a trade deal between China and the U.S., but are still sharply lower this year, with BCA Research claiming that Saudi ...

Saudi Arabia is increasing oil production, a move that could drive ... Hedging Is a Lifeline Some producers have locked in prices through hedging, insulating themselves—at least temporarily ...

RIYADH, Saudi Arabia—President Donald ... The price of a barrel of Brent crude closed Monday at $64.77. “One of the challenges for the Gulf states of lower oil prices is it doesn’t ...

Saudi Arabia needs oil at more than $90 a barrel to balance its budget, the International Monetary Fund estimates. Goldman Sachs in mid-April warned that Brent crude at $62 a barrel — its price ...

The U.S. Labor Department reported on Tuesday that the Consumer Price Index rose 2.3% in the 12 months through April ... sources told Reuters that Saudi Arabia's crude oil supply to China will ...