Saudi Arabia's Minister of Economy and Planning Faisal Alibrahim speaks about the growth of the country's non-oil economy and progress on the Kingdom's Vision 2030 economic transformation plan. He spe
Faisal Al Ibrahim, Saudi Arabia's minister of economy and planning, discusses the economic impact of geopolitical tensions in the Middle East and provides an update on the kingdom's Vision 2030 initia
Top oil exporter Saudi Arabia may raise prices for most of the crude grades it sells to Asia in June to their highest levels in five months after Middle East benchmarks strengthened this month, trade
With U.S. inflation surpassing expectations at 2.7%, the strengthening dollar and geopolitical developments are reshaping market dynamics, affecting oil and natural gas prices significantly.
Oil prices fell in early Asian trading on Monday, reversing gains from Friday as U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon and boosted the dollar, which hurts
China emits the most greenhouse gases (GHG) in the world (33%), followed by the U.S. (15%). An argument of just a few years ago went what good would it do for the U.S. to reduce its own emissions by a
Ballistic missiles fired by Yemen's Houthi rebels caused “minor damage” to a Panama-flagged oil tanker traveling through the Red Sea on Friday, authorities said.
Oil markets could be underpinned by low inventories and supply risks, but gains could be capped by dollar strength, high inflation, delayed Fed cuts.
Oil traders are not ready for big moves ahead of the weekend.
The end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means that alternatives cannot replace it at the needed scale, and the focus should be on cutting emission
U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year ago.
The crude oil markets have been very sideways for some time. At this point, it looks like we are trying to sort out whether or not we can break higher.
Oil futures advanced on Friday morning, with both U.S. and global benchmark crude prices headed for weekly gains as investors awaited the release of U.S. inflation data that may provide further clues
Azerbaijan, host of this year's U.N. climate summit, will defend the right of oil and gas producing nations to invest in the sector, the country's president said on Friday, noting that despite climate
Oil markets resilient amid optimism, supply worries; Crude poised for higher weekly close post-Yellen's GDP remarks.
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