saudi arabia

OPEC+ might have to raise oil output so market doesn’t overheat, Kazakhstan says

OPEC+ might have to raise oil production to avoid market overheating, OPEC+ member Kazakhstan said on Wednesday, as the group…

3 years ago

Oil drops as weak Chinese factory data heightens demand concerns

Oil prices dropped on Monday as weak manufacturing data from China and Japan weighed on the demand outlook while investors…

3 years ago

Morning Bid: “What a mess”

Global markets surged overnight as traders hailed China's pledge to support its economy, chased an elusive breakthrough for a ceasefire…

4 years ago

Analysis: UAE corporate tax may dilute competitive edge, as Saudi Arabia steps up

The United Arab Emirates' plans for a corporate tax risk eroding one of its main attractions as the Gulf's premier…

4 years ago

Analysis: OPEC+ meets quickly, sticks to script, dodges debate on geopolitics

After a month in which oil prices surged 15% and geopolitical tensions seethed around the world, OPEC and its allies…

4 years ago

OPEC oil output boost in December again undershoots target

The increase in OPEC's oil output in December has again undershot the rise planned under a deal with allies, a…

4 years ago

Dubai leads major Gulf bourses higher as Omicron fears ease

Most stock markets in the Gulf rose in early trade on Tuesday, on receding worries about the impact of the…

4 years ago

U.S. & European stock futures rise, oil bounces

U.S. and European stocks futures moved higher on Monday as Asian markets lagged, while bonds surrendered some of their recent…

4 years ago

Travellers on edge as countries tighten rules due to Omicron fears – travel agents

Some would-be travellers are considering cancelling or delaying trip plans in response to fresh curbs prompted by the Omicron variant…

4 years ago

EXCLUSIVE Buyout firm Apollo makes $4.3 billion offer to buy Tronox -sources

Private equity firm Apollo Global Management Inc (APO.N) has approached Tronox Holdings Plc (TROX.N), one of the world's largest pigment manufacturers, with a…

4 years ago