Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y — the sharpest monthly ...

According to StanChart, the path of least resistance for oil prices is lower, with prices likely to remain low in the coming ...

Another large supply hike from OPEC+ confirms the group's policy change. However, the issue is that this policy shift is occurring at a time when there is already plenty of demand uncertainty.

Today Islamic date in Saudi Arabia or KSA is calculated as per the lunar-based calendar which consists of 12 Lunar months in a year of 354 or 355 days. A Muslim must know about the exact Islamic date ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...

Ukrainian officials are in Saudi Arabia for discussions with the U.S. on finding peace in Russia's ongoing war.