News

Oil prices sank Sunday while U.S. stock futures declined after the S&P 500 notched its longest winning streak in more than 20 ...
OPEC+ has agreed to surge production by 411,000 barrels per day in June. Oil prices in April posted the biggest monthly loss ...
A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst ...
Stock markets in the Gulf ended mixed on Thursday amid falling oil prices and weaker-than-expected U.S. GDP data.
Hess reported a drop in first-quarter profit on Wednesday, hurt by lower oil prices, though the shale producer still managed ...
Countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic ...
APA Corporation (NASDAQ: APA), and oilfield service provider Halliburton (NYSE: HAL) fell hard in April, down 18.7%, 26.1%, ...
StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears. Manufacturing is a ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...
Crude oil prices experienced a rebound due to China signaling willingness to negotiate tariffs with the US, despite being on ...