Saudi Arabia's stock market ended slightly lower on Sunday after a fall in oil prices at the end of last week, while banking ...
Trump's oil policies and Saudi Arabia's influence could lead to another significant decline in oil prices. Current oil market ...
Low oil prices and production have hit Saudi coffers; long-time chief executive Nadhmi Al Nasr leaves due to his inability to ...
Trump's presidency is expected to support the US oil industry, potentially increasing domestic supply and impacting global ...
Whereas a lot of focus lately has been on India’s surging imports of Russian oil, the country actually buys the lion’s share ...
Saudi Arabia's crude oil supply to China is set to fall to about 36.5 million barrels in December, trade sources said on Monday, on weak demand from the world's largest importer.
Most stock markets in the Gulf fell in early trade on Tuesday, tracking losses in oil prices, while investors awaited US ...
Dubai's main share index .DFMGI, however, rose 0.4%, led by a 1.8% rise in blue-chip developer Emaar Properties EMAR.DU, ...
Oil prices have been under pressure since the end of last week. Brent is now trading at just under $72 per barrel, WTI at around $68, Commerzbank’s commodity analyst Carsten Fritsch notes.
Weak demand in China will cause Saudi Arabia to reduce crude oil exports to China in December, despite recent price cuts.
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing prices which have stayed low despite production cuts and war in the Middle East.
Oil prices - a catalyst for the Gulf's financial markets - settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane in the U.S. Gulf of Mexico ...