Just two months earlier, Russia and Saudi Arabia, which together sell more than 20 percent of the oil used by the world, had agreed to cut production.

Russia and Saudi Arabia agree to massive cuts to oil output. Here's why it matters. Updated October 5, 2022 11:57 AM ET Originally published October 5, 2022 4:01 AM ET. Jackie Northam ...

Karen House argues that Mohammed bin Salman has an opportunity to protect his interests and secure peace in the region.

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

The 2 million bpd cut in oil production was backed by Saudi Arabia and could benefit Russia. The OPEC+ meeting took place as much of the world is battling soaring energy costs and rising inflation.

Talks between the US and Russian delegations in Saudi Arabia have concluded. The meeting ended after 4.5 hours. RBC-Ukraine has gathered all the key details about the results of the US-Russia ...

Russia and Saudi Arabia Can’t Monopolize the Oil Story. It’s not all about geopolitics; the beginning of crude’s retreat has overlapped with the rout in the bond market.

Russia, the United States and Saudi Arabia could act jointly to stabilise oil markets if needed, Russia's investment envoy Kirill Dmitriev told Reuters.

Russia and Saudi Arabia took a step closer to each other in 2016, when Saudi leaders convinced Russia to join an expanded version of the Organization of the Petroleum Exporting Countries known as ...

Russia replaced Saudi Arabia as China's top oil supplier in 2023 China received a record 107.02 million metric tons of crude oil from Russia last year, equivalent to 2.14 million barrels per day.

Jeddah, Saudi Arabia — The U.S. and Ukraine said Kyiv would accept a 30-day ceasefire with Russia after talks in Saudi Arabia on Tuesday, with Washington pledging to immediately lift a freeze on ...