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…
The Saudi pioneer of the prose poem reveals why her recent collections were linked by the theme of water and how the artform means she has lived many lives.
One of the biggest names in the stricken financial sector calls for 'hope' amid the crisis that has reduced millions to poverty and ruined the country's reputation. There is now a detailed plan.
Over 6,000 people have been sheltering in woodland in Olala in Amhara for two months having already fled from civil war. The international community is not doing enough to help.
No stranger to rivalries, the governor of the Central Bank of Libya is technocrat who has had to develop his political wiles, most recently clashing with the prime minister. Is this the next Gaddafi?