Saudi Arabia's budget deficit narrowed to 34.534 billion riyals ($9.21 billion) in the second quarter, marking a 41.1% ...

India's crude oil imports in 2025 reflect shifting global dynamics, with traditional suppliers like Iraq and Saudi Arabia ...

Discounts on Russian oil have been shrinking and India's crude import basket is well diversified, say Indian oil refiners ...

September WTI crude oil (CLU25) on Thursday closed down -0.74 (-1.06%), and September RBOB gasoline (RBU25) closed down ...

The US Federal Reserve’s decision to keep interest rates steady is echoing across Gulf economies, with regional central banks mirroring the move and economists pointing to a cautiously constructive ...

Saudi Arabia's economy expanded by nearly 4% in the second quarter, primarily driven by significant growth in non-oil activities and a return to growth in the oil sector.

UAE flagship carrier Emirates has officially launched its new daily service to Hangzhou, marking its fifth gateway in the ...

The two sides also discussed preparations for the ninth meeting of the intergovernmental commission, scheduled to take place in Riyadh on November 6, 2025, as well as the state of the oil market and b ...

Goldman Sachs expects OPEC8+ to announce a final 0.55 million barrel per day (mb/d) production increase for September at Sunday's separate gathering of eight OPEC+ members.

S&P Global Ratings has reaffirmed Saudi Arabia’s stable credit outlook, citing resilient banking performance and continued ...