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 ...
Saudi Arabia, the world's largest oil exporter, is pumping around 9 million barrels per day (bpd), well below its around 12 ...
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 ...
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The national average stood at $3.66 a gallon on Monday, down from $3.68 a week ago, according to AAA, and there's growing ...
Investors swiftly sold oil amidst eased tensions between Israel and Iran, stalling crude's rally below $100 per barrel.
The boss of HSBC has announced he is unexpectedly retiring after five years in the job. Noel Quinn will remain in place until ...
North America's rig count drops; Middle East maintains stability amid global market fluctuations.. North American rig count ...
Investors sold oil at the fastest rate for more than six months amid signs that Israel and Iran have chosen not to escalate ...
While oil prices remained relatively stable throughout Q1 2024, gas prices sank to multi decade lows, hitting US$1.55 per ...