The International Energy Agency has slightly lowered its forecasts for oil demand. It expects an increase of 700,000 barrels ...

Rents for housing increased by 7.6% due to villa prices rising by 7.1%, the General Authority for Statistics said ...

The Middle East is poised to outpace Asia in gas production, securing its place as a leading energy hub in 2025.. Middle East ...

Despite the energy transition, Saudi leaders stress oil’s continued role in a volatile global market, framing renewables not ...

Oil prices advanced this morning. It appears that the fears market participants had in regard to a recession may be waning, ...

Former U.S. President Donald Trump’s energy policy pressures Saudi Arabia to keep oil prices within a tight range. With Saudi Arabia’s fiscal breakeven at ~$90 Brent, Aramco is facing financial strain ...

Oil markets have remained remarkably resilient so far this year, despite concerns over U.S. President Donald Trump's trade ...

Oil prices extended their rally on Monday, building on Fridays gains of over 2%, driven by growing geopolitical tensions and ...

Saudi Arabia has increased its August Arab Light crude price to Asia by $2.20 per barrel, the highest in four months, driven ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

Saudi Arabia's energy ministry said on Friday the kingdom had been fully compliant with its voluntary OPEC+ output target, ...

Saudi Arabia’s energy ministry stated that the kingdom remained fully compliant with its voluntary OPEC+ production target in ...