Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and…
Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to…
Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further…
Saudi Arabia's sovereign wealth fund and BlackRock have signed an agreement to jointly explore infrastructure projects in the Middle East,…
Saudi Arabian state oil producer Aramco beat forecasts on Tuesday with a 39% jump in third-quarter net income and reported record…
After months of reflecting, Credit Suisse's chairman Axel Lehmann revealed an overhaul "to rebuild Credit Suisse as a strong ...…
The United Arab Emirates believes that OPEC+ made the correct technical choice when it agreed to cut production and the…
A decision by the OPEC+ oil producer group last week to rein in output has driven up prices and could…
Oil rose on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset…
OPEC leaders Saudi Arabia and the United Arab Emirates stand ready to deliver a "significant increase" in oil output should…