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Oil is traded at price below $51 per barrel due to concerns that record output in Saudi Arabia will create excess in supply, Bloomberg w
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Oil price grew after record period of losses, as Saudi Arabia announced that it will cut sales in December, Bloomberg reports.
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Oil will show weekly losses again, as Saudi Arabia promised to ramp up production amid growing economic uncertainty, which got worse aft
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Oil prices fell on Tuesday after Saudi Arabia announced that it is ready to support energy market, Reuters reports.
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Oil price grew above $72 per barrel level after Saudi Arabia announced that it will take countermeasures, if any sanctions will be appli
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On Monday oil prices grew after Saudi Arabia showed unexpectedly reduced output in July, while US production stayed at the same level, R
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Saudi Arabian Oil Co.
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Oil approached price level $70 a barrel after Saudi Arabia announced that it is not going to export volumes exceeding client's needs, ch
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