Dubai: Countries in the Gulf region may be affected differently if oil prices drop, according to a new report by Fitch Ratings. Oil revenue is a major part of government budgets in the Gulf ...

Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...

Saudi Arabia’s influence in the region and with Mr Trump means that MBS could yet do more. His country has already hosted ...

Saudi Arabia has held off formally joining the BRICS bloc of nations despite attending a meeting in Brazil last week, two ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

Dubai: Saudi Arabia’s fiscal health faced significant challenges in the first quarter of 2025, with the country’s budget ...

Announced on Wednesday, the fund that is estimated to be worth $925 billion and the primary investor in LIV Golf on the men’s ...

Fidelity Select Energy Portfolio gained 5.49%, trailing the 7.82% result of the MSCI U.S. IMI Energy 25/50 Index. Read more ...

It’s no secret that countries with outsized oil production maintain an advantage over other countries. This typically ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...