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Oil giant Saudi Aramco on Sunday reported a drop of 4.6 percent in its first-quarter net profits as lower sales and higher operating costs hit the lynchpin of the kingdom's ambitious economic reform ...
Bank of America analysts warned in a note this week that oil markets may be entering a new kind of price war—what they call a “slow grind”—as OPEC+ increases production into an already oversupplied ...
Net profits of oil giant Saudi Aramco declined 4.6% in the first quarter, the company said on Sunday, citing lower sales and ...
Oil giant Saudi Aramco on Sunday reported a drop of 4.6 percent in its first-quarter net profits as lower sales and higher ...
President Donald Trump has insisted that prices are falling, even as consumers continually express concern about the economy. He has repeatedly attacked Federal Reserve Chair Jerome H. Powell for not ...
WICHITA FALLS, Texas (KAUZ) - According to a recent AAA Texas report, a weak gas demand and healthy supply could lead to ...
The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American ...
Oil futures rose and were heading for gains in a week that started with a slump on planned OPEC+ output increases and is ending with optimism about U.S. trade talks. The Spanish energy company expects ...
Key Player in Russian Oil Trading Hit by U.K. Sanctions The U.K. sanctioned a vital figure in Russia's oil trade, stepping up economic pressure on Moscow to strengthen Ukraine's hand in peace ...
Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.
The U.S. Energy Information Administration cut its average Brent oil spot price forecast for 2025 and 2026 in its latest ...
Oil futures headed higher on Thursday, supported by potential progress on international trade agreements. U.S. Treasury Secretary Scott Bessent plans to meet with China’s top economic official in ...