U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

HOUSTON and LONDON, April 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ ... phase of the largest unconventional gas field in Saudi Arabia HOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE ...

U.S. crude oil futures fell more than 2% on Monday, after OPEC+ agreed to surge production for a second month.

OPEC+ has agreed to surge production by 411,000 barrels per day in June. Oil prices in April posted the biggest monthly loss ...

SLB flagged slow starts in Mexico and Saudi Arabia, and now expects global upstream investment to decline in 2025. Baker Hughes forecast a low double-digit drop in North American spending and ...

Oilfield service providers Baker Hughes and SLB have warned of weaker upstream spending, especially in regions like Saudi Arabia and Mexico. Chevron and Exxon last week reported lower Q1 earnings, ...

Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but worsening global economic conditions mean the kingdom's standard playbook might ...

In its first-quarter 2025 investor letter, Artisan Mid Cap Fund highlighted stocks such as Baker Hughes Company (NASDAQ:BKR. Baker Hughes Company (NASDAQ:BKR) offers technologies and services to ...

Saudi Arabia's budget deficit hit $15.6 billion in the first quarter of 2025, more than half its forecast for the entire year, even before oil prices significantly dropped. The Q1 deficit stemmed ...

Saudi Arabia has been lobbying the US to stop all US attacks on Yemen ahead of President Donald Trump's visit to the kingdom, warning that it would create an “embarrassing situation” for ...

Last month, Saudi Arabia and India agreed to boost energy cooperation, including by potential Saudi investment in two refineries in the world’s third-largest crude oil importer. However ...