Abdulaziz bin Salman, Prince of Saudi Arabia

Oil Producers Back Climate Deal Despite Fossil Fuel Language

At the United Nations climate conference, the final statement included elements that pleased oil and gas producers.

Oil Prices on a March Toward $100 a Barrel

Analysts have raised their forecasts for oil prices, as they try to understand Saudi Arabia’s intentions with recent production cuts.

A Saudi-China business conference underscores strengthening ties.

The kingdom hosted a lavish Arab-China business conference days after a visit from the American secretary of state, inviting companies blacklisted by the United States.

OPEC Plus May Consider Cuts in Oil Production

The group of major oil producers and Russia will meet this weekend to discuss a swoon in oil prices.

Oil Prices Jump After Surprise OPEC Production Cut

Adding to global economic uncertainties, oil prices rose about 5 percent on Monday after Saudi Arabia and other major producers announced a surprise cut in crude production.