Kyle Shostak pointed out that although in theory the policies of the new US administration could lead to the saturation of the hydrocarbon market, "in reality things are different for now" ...

Saudi Arabia ... needs an oil price of $80 per barrel more than ever,' SEB Chief Commodities Analyst Bjarne Schieldrop said.

Trump has had a close relationship with the crown prince, Mohammed Bin Salman, even as his real estate company does major ...

President Donald Trump is emphasizing that targeting Russia's oil revenue is the best way to get Moscow to end its nearly ...

Saudi Economy Minister Faisal Alibrahim said on Friday that the kingdom's $600 billion expanded package with the United ...

Addressing executives at the World Economic Forum in Davos, Trump minced no words as he accused the Saudis and OPEC of ...

U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after ...

The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.

President Donald Trump said Thursday that he would call on Saudi Arabia and OPEC to lower oil prices, claiming that the war ...

U.S. President Donald Trump on Thursday said he will ask Saudi Arabia and the OPEC coalition to bring down oil prices. Read more here.

Rigzone has contacted OPEC for comment on the SEB reports ... December 5 - along with discussions on the sidelines between Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan ...