Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.

The non-oil trade surplus of Saudi Arabia with the Gulf Cooperation Council (GCC) countries recorded an annual growth rate of ...

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 ...

Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

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 ...

US stocks retreated Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated ...

The Central Bank of Kenya (CBK) has revealed that global oil prices have risen ahead of the Energy and Petroleum Regulatory ...

Delta stopped flying to DXB as a result of a battle over what the US 'big three' claimed were unfair business practices. Delta, United Airlines, and American Airlines accused Emirates, Qatar Airways, ...

Saudi Arabia's energy ministry said on Friday the kingdom had been fully compliant with its voluntary OPEC+ output target, ...

The success of the BRICS project does not signal an overthrow of capitalism as a global system, but it does mark a shift away ...