A key federal regulator has approved US supermajor ExxonMobil’s $64.5 billion acquisition of producer Pioneer Natural ...
Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...
Abu Dhabi faces less financial pressure to keep prices high and has been keen to deploy new investments in production ...
Investing.com-- Oil prices rose Thursday, recovering from near two-month lows, helped by talk of an extension of OPEC+ supply ...
WTI Oil's recovery to $80 gets cut short by positive news from Hamas ... Political instability, wars, and sanctions can disrupt supply and impact prices. The decisions of OPEC, a group of major ...
Saudi Arabia’s statistics authority estimated that oil activities plunged by 10.6 per cent in the first quarter compared to ...
The authority indicated that this seasonal increase was propelled by an increase in oil activities by 2.4% ...
India has cut the windfall tax by a substantial 12.5 percent on domestically produced crude oil, effective from May 1, 2024, following a decline in international energy prices. The windfall tax is ...
Saudi Arabia's real gross domestic product (GDP) decreased 1.8 per cent year-on-year in the first quarter, flash estimates by ...