Russia eyes additional oil export cuts of about 50,000bpd in Dec MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or... Updated 18 Dec, 2023 08:35am
Business & Finance Investors ignore OPEC+ to focus on consumption outlook: Kemp LONDON: Portfolio investors had become increasingly bearish about the outlook for oil prices in the run up to the... Published 06 Jun, 2023 05:33am
World IMF forecasts slower Middle East, North Africa growth in 2023 DUBAI: GDP growth in the Middle East and North Africa region will slow to 3.1% in 2023, from 5.3% a year ago,... Published 13 Apr, 2023 08:14pm
Business & Finance US poised to become net exporter of crude oil in 2023 HOUSTON: The United States has become a global crude oil exporting power over the last few years, but exports have... Published 20 Dec, 2022 05:58am
Markets Saudi expects 13m bpd oil capacity by 2027 MANAMA: Saudi Arabia expects to ramp up its daily oil production capacity by more than one million barrels to exceed... Published 17 May, 2022 06:29am
Markets Lower energy investment could spark supply crisis: Saudi minister RIYADH: Saudi Arabia’s energy minister said on Monday that oil markets could face a dangerous period as reduced... Published 14 Dec, 2021 06:40am
Opinion Oil prices buoyed by soaring gas rates ahead of OPEC+ meet The sharp rise in wholesale gas prices is spilling over into the oil market, with looming demand for electricity... Published 04 Oct, 2021 05:56am