OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but ...

Oil prices have experienced a significant decline, reaching their lowest levels since April 2021, driven by escalating trade tensions between the United States and China, coupled with strategic ...

While these measures are poised to affect various sectors, exemptions granted to oil exports are expected to mitigate the overall economic impact on the region’s leading exporters. Gulf Cooperation ...

Step into a world where history whispers through the air, where the aroma of spices mingles with tales of ancient trade ...

Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...

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F rom the smoky swirl of oud in Emirati majlises to the rose-laced oils of India’s ancient attar traditions, scent rituals ...

Yabrin, a new field of Arabian Light crude oil, has been discovered by Saudi Aramco in the Kingdom's Eastern Province, Minister of Petroleum and Mineral Resources Ali Al-Naimi announced recently.

Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz announced that Saudi Aramco has made 14 new discoveries of Arabian oil and natural gas fields and reservoirs in the Eastern Province and ...