Saudi Arabia and the UAE avoided high tariffs imposed by the US government. In the past, international companies often set up ...

Most stock markets in the Gulf settled higher on Wednesday, with Saudi Arabia's benchmark index up 1.24% as oil prices rose ...

Oil prices have hovered around a relatively low $60-$65 per barrel. At a meeting in December, OPEC+ decided to wait until late 2026 to reverse collective cuts of some two million barrels per day (bpd) ...

Despite continued threat of sanctions on Russia, India has continued buying oil from Moscow on account of discounts offered, ...

Consolidation among GCC banks may gain momentum if lower oil prices add to competitive pressure in the region, Fitch Ratings ...

Saudi Arabia’s new state-owned artificial intelligence company will seek investment from top US tech companies and will launch a $10bn venture capital fund as it leads the kingdom’s effort to become a ...

Saudi crude official selling prices are usually released around the fifth of each month, and set the trend for Iranian, ...

Saudi Arabia’s sliding stocks are on course to be the worst performers globally this month as falling oil prices prompt ...

Saudi Arabia may reduce its crude oil prices for Asian buyers due to rising OPEC+ supply and market share competition.

The world's biggest oil exporter Saudi Arabia may cut its crude prices for Asian buyers in July to the lowest in six months, ...

Saudi Arabia has been cranking up oil refining operations to capture strong profit margins, helping the kingdom offset ...

The next setback in oil prices is looming as OPEC and allies meet later this week to discuss output levels for July.