News

Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.
Saudi Arabia reportedly overshot its June oil production quota by 700,000 barrels per day, raising questions about OPEC+ ...
Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...
Saudi Arabia’s total non-oil trade with GCC hits $4.2bn, driven by booming re-exports and growing ties with UAE, Bahrain, and Oman ...
Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...
Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.
The non-oil trade surplus of Saudi Arabia with the Gulf Cooperation Council (GCC) countries recorded an annual growth rate of 203.2% to more than SAR2 billion in April. It soared to around SAR3,511 ...
OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...
US sanctions could be announced early next week as Trump signals an increasing frustration with Putin’s refusal to end his ...
Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...
In the wake of the recent conflict between Israel and Iran, the question of military strength in the Middle East has been at ...