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

September WTI crude oil (CLU25) today is +0.56 (+0.81%), and September RBOB gasoline (RBU25) is up +0.0183 (+0.84%). Crude oil and gasoline prices extended this week's rally today to 5-week highs.

Abu Dhabi-based NMDC Energy has achieved a key milestone at its Ras Al-Khair fabrication yard in Saudi Arabia, cutting first ...

The international development community is gathering in Vienna for the fourth OPEC Fund Development Forum. Under the theme “A ...

Saudi Arabia’s Acwa Power Co. plans to build the kingdom’s second multibillion-dollar green hydrogen plant, despite struggles ...

OPEC+ decisions are made based on the latest developments and Kuwait supports its efforts to ensure stability in the oil market, Kuwait News Agency (KUNA) reported on Tuesday, citing Kuwaiti Oil ...

The Saudi Ministry of Industry and Mineral Resources issued 83 new industrial licenses in June, with total investments ...

Oil traders widely expect the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to approve another significant oil ...

The oil price swings after the June 2025 bombing of Iran’s nuclear facilities are a stark reminder that volatility is not a ...

Gulf economies are set to grow faster in 2025, driven by increased oil production and diversification efforts, according to a ...

Ramped-up oil production and diversification efforts will help most Gulf economies grow faster this year than they did in ...

Oil traders expect OPEC+ will agree another bumper production increase this weekend, completing the revival of its current ...