Saudi Arabia’s influence in the region and with Mr Trump means that MBS could yet do more. His country has already hosted ...

BRICS, founded as a grouping of Brazil, Russia, India, China and South Africa to counter Western dominance of the world order ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y — the sharpest monthly ...

Basic Chemical Industries Co. (BCI) signed, on May 7, a memorandum of understanding (MoU) with South African AECI Ltd. to establish a joint venture (J ...

Chinese Premier Li Qiang will visit Malaysia in late May for a summit with a newly established super-group of Southeast Asian ...

Saudi Arabia's trade surplus reached USD 12 billion in February 2025, driven by strong oil exports and growing non-oil ...

This widening deficit has sparked renewed conversations about Saudi Arabia's economic prospects, as oil revenues remain ...

According to StanChart, the path of least resistance for oil prices is lower, with prices likely to remain low in the coming ...

Announced on Wednesday, the fund that is estimated to be worth $925 billion and the primary investor in LIV Golf on the men’s ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...