Saudi Arabia's real gross domestic product (GDP) decreased 1.8% year-on-year in the first quarter, flash estimates by the ...
Insiders reveal that ADNOC is considering raising production to around 4.85-4.87 million bpd, breaking from the current OPEC ...
Rising U.S. oil production and ceasefire hopes press oil prices lower. OPEC's output cut by 100,000 barrels offers minimal ...
Brent crude futures saw a slight increase in April, while WTI crude futures experienced a minor decline. Market tensions ...
Saudi Arabia's GDP fell 1.8% in Q1, continuing a decline from Q4 2023, primarily due to reduced oil activities. Despite non-oil GDP growth of 2.8% and increased government activities, oil sector ...
While oil prices remained relatively stable throughout Q1 2024, gas prices sank to multi decade lows, hitting US$1.55 per ...
As the global oil market eagerly anticipates the upcoming OPEC(+) production decision—a potential shift in the current production cut strategy—most eyes are on Saudi Arabia or Aramco leaders.
The end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means that alternatives cannot replace it at the needed scale, and the focus should be on cutting ...
Investors sold oil at the fastest rate for more than six months amid signs that Israel and Iran have chosen not to escalate ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Currently, two major conditions are converging to continue the ...
Oil prices fell over 1 percent Monday in Asia following a decline of more than 3 percent Friday over disagreement between members of the Organization of the Petroleum Exporting Countries (OPEC ...
Oil has been rallying lately. And we think that’s fueling an intriguing opportunity. We look at what’s behind the Energy ...