Meanwhile, oil bulls are throwing in the towel. Standard Chartered slashed its 2025 Brent forecast by $16 to $61/bbl, citing ...

The Q1 2025 deficit is more than three times the SR12 billion recorded in the same quarter last year. The decline in overall ...

Oil prices fell by more than $1 a barrel on Monday after OPEC+ decided to accelerate its output hikes, causing concerns about ...

Saudi Arabia and India are facing challenges in initial talks regarding Saudi investment in Indian refineries, primarily due ...

We recently published a list of the 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds. In this article, we ...

Oil prices fell more than 1% on Monday after major oil producers, members of OPEC+ decided over the weekend to further speed ...

Oil prices have taken a nosedive following a recent decision by OPEC+ to increase global oil production. This move has sent shockwaves through the energy market, with Brent crude dropping by 4.6% to ...

RIYADH] Saudi Arabia’s deficit widened significantly to US$15.65 billion in the first quarter of 2025 from US$3.30 billion a ...

Following suit from the previous month, OPEC + has decided upon proliferating oil production, resulting in a challenge to the U.S. shale supply, whilst resulting in a plunge in oil prices.

Oil opened this week down 4 per cent after OPEC+ announced its intention to increase production by 411,000 bpd from June. The ...

Goldman Sachs trimmed its oil price forecasts, saying it expects the Organization of the Petroleum Exporting Countries and its allies to continue accelerating output hikes. The cartel and its allies ...