What is the Saudi factor? To me, it is the ability of Saudi Arabia to use its national wealth to possess and exercise ...

Crude oil prices have fallen below $60 per barrel, raising concerns about the federal and state governments’ ability to fund ...

Dubai’s equity index gained 4.1% during the month, while other Gulf markets had a mixed performance amid trade war concerns ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Nigeria, Africa’s largest oil producer, has been left out of a new output increase arrangement by eight members of the OPEC, ...

Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s tariffs on most countries ...

With oil prices plunging to their lowest level in four years, both the energy industry and governments that depend on energy royalties are watching nervously.

OPEC+ decided to increase its production hike for the second time over the weekend, causing prices to slump again this morning.

Saudi Arabia’s finance ministry announced Monday that total revenues for the first quarter of 2025 reached approximately ...

Oil prices dropped more than $1 per barrel on Monday, settling at their lowest levels since February 2021, as OPEC+ accelerated its planned production increases amid growing concerns about global ...

NEW YORK] Oil fell by more than US$1 a barrel on Monday to settle at over four-year lows as an Opec+ decision to expedite its ...

Pakistan, like Saudi Arabia, has a rich cultural and historical heritage, but it faces significant challenges in its quest ...