The possibility that Saudi Arabia will open the “floodgates” on its oil production has climbed in recent weeks, according to a report from Capital Econo

Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to curbing supply. That bodes ill for Russia.

Saudi Arabia's plans to ramp up oil production could hit price levels critical for fueling Russia's invasion of Ukraine.

The Saudi Arabian government is reportedly on the verge of flooding the global market with oil supply if the Organization of Petroleum Exporting Countries (OPEC) does not commit to reducing oil flow.