Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...

Oil edged higher after Saudi Arabia lifted prices for March loadings of all crude grades it exports amid surging premiums for Middle Eastern oil.

SAUDI Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to ...

President Volodymyr Zelenskiy said in an interview broadcast on Tuesday that Ukraine was prepared to proceed along a ...

According to the International Renewable Energy Agency (Irena), the Middle East has less than 1 per cent of the world’s ...

The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...

Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in ...

Saudi Arabia would need oil to be at $90 per barrel in 2025 to balance its budget, according to Capital Economics.

Palestinian group Hamas yesterday lashed out at President Donald Trump’s shock proposal for the United States to take over the Gaza Strip and resettle its people in other countries, seemingly whether ...

Saudi Arabia's General Authority for Statistics said last week that the kingdom's non-oil GDP growth rate was up 4.3% from 2023, while oil activities declined by 4.5%.