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FIFA took another Saudi Arabian investment Thursday for the U.S.-hosted Club World Cup, announcing a top-tier commercial deal ...
Thats even higher than the 359,000 bpd they had collectively committed to additionally produce under Opec+s plan to raise ...
Lamar Holding, a leading developer of large-scale PPP projects in the region, has joined hands with its consortium partner ...
Oil-to-telecom conglomerate Reliance Industries (RIL) is among the suitors vying for British Petroleum’s (BP) Castrol ...
West Texas Intermediate rose 0.8% to settle above $63 a barrel after China’s official news agency reported that Presidents Donald Trump and Xi Jinping spoke over the phone. The conversation is ...
Crude oil futures turned lower in a volatile session, as a Bloomberg report said Saudi Arabia is open to additional ...
Dubai Saudi Arabia is advocating for accelerated increases in oil production within the OPEC+ coalition, aiming to recl ...
“Once Saudi Arabia takes the lead in accelerating output increases, historical experience suggests that the market could face ...
Investment in clean energy and grids will reach US$2.2 trillion in 2025, double the expected investment into fossil fuels ...
Arabian Gulf Business Insight on MSN12h
Saudi Arabia lowers July oil prices for Asia
Saudi Arabia, the world’s biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after Opec+ hiked output for a fourth month. However, the price cut was smaller than expected.
WTI crude oil Wednesday closed down -0.56 (-0.88%), and July RBOB gasoline closed down -0.0448 (-2.16%). Crude oil prices fell from a 2-week high Wednesday and turned lower a ...