Saudi Arabian oil giant Aramco reported a third-quarter profit of $27.5 billion Tuesday, down about 15% from last year as low oil prices ate into its revenues.
OPEC+ delayed a planned increase in oil production, causing prices to rise as analysts debate the long-term impact on the market.
Trump will return to the White House with the most pro traditional energy credentials of any U.S. president in recent memory.
But it's not that straightforward: Trump has also vowed to put more sanctions on Iranian and Venezuelan barrels, meaning the global market could become tighter, potentially boosting prices. At the ...
Qatar is slated to lead the Gulf Co-operation Council (GCC ) in real oil gross domestic product (GDP) growth this year with a ...
Donald Trump's election as US president brings back a champion of the oil industry to the White House, but experts warn that ...
Oil prices - a catalyst for the Gulf's financial markets - traded in a narrow range ahead of what is expected to be an ...
Saudi Arabia cut the price for its flagship Arab light to Asia in December by 50 cents to $1.70/bbl above the Oman/Dubai ...
CI Capital has successfully concluded the EGP 884 million securitized bond issuance for The Egyptian Company for Securitization, on behalf of Reefy Microfinance Enterprise Services, which serves as ...
South Korea's presidential office said on Wednesday that it will build a "perfect" security partnership with a new U.S. administration. Marketscategory US stock futures, dollar and bitcoin surge ...
An in-depth analysis in the United States, covering 2002 to 2023, reveals that biological contamination and allergens are the leading causes of food recalls. The study, recently published in the ...
The real-time price of Brent crude oil is at $75.09 per barrel, and the price of WTI crude oil is at $71.63 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...