The picture is slim and unambiguous. The world oil market will gradually come under the control of those suppliers who will ...

Saudi Arabia's national oil company reported a marginal profit beat for the first quarter as weaker oil prices caused by global economic uncertainty dragged on earnings. The major oil producers known ...

With US President Donald Trump due to visit Gulf states this week, a key focus will be securing significant new investment for the US economy. “President Trump wants the announcement [of more Gulf ...

The Middle East tour of US President Donald Trump starts next Tuesday. It will cover three energy-rich Arab countries of the ...

Goldman Sachs earlier projected that for the remainder of 2025, the average price of Brent crude oil will remain at $60 per barrel, with WTI crude oil averaging $56 per barrel. In 2026, Brent crude ...

Saudi Arabia has also pledged to invest hundreds of billions in the US over the course of Donald Trump's second term. View on ...

Gulf stock markets continued their upward trend early on Monday, buoyed by rising oil prices and developments in U.S.-China trade negotiations, which bolstered market sentiment as U.S. President ...

Saudi oil giant Aramco, a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to ...

President Trump goes to the Gulf kingdom this week seeking $1 trillion worth of investments in the United States — a sum ...

Trends in non-oil economic activity in the GCC are typically correlated with trends in government or wider public-sector ...

WASHINGTON, May 12. /TASS/. US President Donald Trump will embark on a tour of the Middle East, the official part of which will be held on May 13-16. He will visit Saudi Arabia, Qatar and the United ...

Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts.