News

OPEC+ Quota Hikes Yet to Deliver Oil Surge, Morgan Stanley Says
The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...
Saudi Arabia may drop July oil prices to Asia to 6-month lows after OPEC+ boosts supply
The world's biggest oil exporter Saudi Arabia may cut its crude prices for Asian buyers in July to the lowest in six months, ...
Middle East Institute3d
Saudi Arabia’s AI ambition, and what it means for the United States
A day before Air Force One touched down in Riyadh to kick off US President Donald Trump’s three-country tour of the Gulf, ...
Saudi Arabia Wants More Super-Size OPEC+ Hikes
Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...
OPEC+ Oil Production And Brent Crude: Key Factors Driving Price Fluctuations
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
Cyprus Mail on MSN5d
Saudi Arabia's Non-Oil Private Sector Growth Accelerates in May, PMI Shows
The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers' Index (PMI) rose to 55.8 in May from 55.6 in April, ...
FIFA signs another Saudi deal with sovereign wealth fund PIF backing Club World Cup
GENEVA — FIFA took another Saudi Arabian investment Thursday for the U.S.-hosted Club World Cup, announcing a top-tier ...
Arabian Gulf Business Insight on MSN5d
Saudi Arabia targets $13bn from bonds by 2025-end
Saudi Arabia is expected to issue $12.6 billion in bonds for the remainder of the year, JPMorgan said, as the kingdom resorts to the debt markets amid huge investments to overhaul its economy and ...