Thursday 23 Jan
Oil prices surged to a four-month high on Tuesday as Chinese and Indian buyers sought alternative suppliers following the latest round of stringent US sanctions...
Oil prices extended losses on Thursday, following a decline the previous day. This downturn was primarily attributed to a significant surge in U.S. fuel inventories...
Acwa Power, a leading Saudi energy developer, has secured financing of 2.64 billion Saudi riyals (approximately $702 million) for a 1,100-megawatt wind power project in...
The 113th ministerial meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC), held in Kuwait on Friday, approved a Saudi proposal to restructure the...
Saudi Arabia plans to add 1 million barrels per day to its oil production by September 2026, according to a statement from the eight countries...
Saudi Arabia has significantly reduced its oil prices for Asian customers, exceeding market expectations. This move follows the OPEC+ decision to further delay planned production...
Saudi Arabia, Russia, and Iraq, three key OPEC+ nations, convened in Baghdad to discuss energy markets ahead of the alliance's crucial end-of-year meeting.
Oil prices edged higher on Monday, but geopolitical tensions and weakening demand continue to tug the market in opposite directions. While escalating tensions between Russia...
