News

Kuwait announces a $50 billion investment plan to significantly increase its oil production capacity over the next five years, with long-term goals extending to 2040.
Oil is set to fall further this year, given the uncertainty over demand and the OPEC+ decision to increase output. ING's Head of Commodity Strategy, Warren Patterson, says we're on a 'wild ride' ...
Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...
Oil barely garnered a mention from US President Donald Trump during his glitzy visit to Saudi Arabia this week. But the black ...
Nvidia, AMD, AWS, and others struck $100 billion in AI deals this week, aiming to profit from cheaper power and faster access ...
World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind ...
By Robert Harvey and Enes TunagurLONDON Global oil demand will rise more slowly for the remainder of 2025 due to economic ...
Sources say the Saudi Tadawul Group Holding Co is working with some of Wall Street’s fastest and most secretive HFT firms to ...
IEA predicts slower global oil demand growth due to economic uncertainty and increased electric vehicle sales.
For decades, Washington and Riyadh have nurtured close ties based on Saudi Arabia's pivotal role in the oil market and America's strategic interests in the Middle East. This translated into hundreds ...
China has inked an 'oil for gold' agreement with Saudi Arabia, under which Beijing will pay for Saudi oil in RMB, and Riyadh ...