Saudi Arabia reaffirms full compliance with OPEC+ output targets, highlighting transparency, strategic inventory, and market ...

According to the government, Saudi Arabia affirms its adherence to the voluntary OPEC+ output target. There is full ...

Ramped-up oil production and diversification efforts will help most Gulf economies grow faster this year than they did in ...

Oil traders expect OPEC+ will agree another bumper production increase this weekend, completing the revival of its current ...

A new passenger terminal has opened at Velana International Airport in the Maldives on July 26, increasing capacity and ...

Oil prices rise as U.S.-EU trade deal boosts sentiment, OPEC+ stays course, and Saudi hikes OSPs, reinforcing a bullish crude ...

In a grand ceremony held in Malé, the Maldives inaugurated the new terminal at Velana International Airport. This ...

Oil traders widely expect the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to approve another significant oil ...

Iran’s oil revenues surpassed $46 billion in 2024, marking a year-on-year increase of over $5.6 billion, or 14 percent, ...

The US Federal Reserve’s decision to keep interest rates steady is echoing across Gulf economies, with regional central banks mirroring the move and economists pointing to a cautiously constructive ...

Diesel has raced ahead of crude in recent months, and the causes don’t appear to be short term. The post Benchmark diesel ...

Crude oil holds above $65.38 as $69.89 caps gains; traders eye EIA draws, Pemex exports, and Russia sanctions for near-term ...