The Saudi-led OPEC oil cartel and allied producers including Russia did not change their targets for shipping oil to the global economy amid uncertainty about the impact of new Western sanctions…
OPEC+ member states lined up on Sunday to endorse a steep production cut agreed this month after the White House, stepping up a war of words with Riyadh, claimed Saudi Arabia had pushed some other…
Saudi Aramco has kept the November official selling price (OSP) for its Arab Light grade for Asian customers unchanged from October, three sources with knowledge of the matter said on Thursday,…
Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments loomed, with tight supply struggling to meet still robust demand.
Brent crude…
Oil prices climbed on Friday on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5, though concern over China's COVID-19 curbs and weakness in the global economy continued to…
The OPEC+ Joint Technical Committee (JTC) expects a 2023 oil market deficit of 300,000 barrels per day (bpd) under its base case, according to a document.
The JTC, which met on Wednesday, expects…
Oil prices edged up on Tuesday after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.
Brent crude futures rose 32 cents to $96.80 a barrel by 0004 GMT, after…
Al Majalla examines the repercussions of Hamas's attack on Israel, which set into motion a series of significant changes and power shifts in the Middle East
In a wide-ranging sitdown interview with Al Majalla, AANES Foreign Affairs Chief Ilham Ahmed lays out the lingering points of contention with Damascus and the way forward
Trump may be willing to accept global isolation to keep supporting Israel, but at some point, he may conclude that he isn't getting enough from Netanyahu in return
After being hit by tariffs from its Washington ally, Brussels is seeking to diversify its business partners. Across the Mediterranean Sea, states offer labour, materials, and markets
Mohammad Qundus uses the fragments of former lives in his latest exhibition that seeks to reaffirm the Palestinian presence of today and its connection to the past