The drop in oil prices was halted on Friday after Israel‘s strikes against Hezbollah‘s headquarters in Lebanon, but prices of ...

Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...

Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost ...

In a bold move, Saudi Arabia has decided to increase its oil production despite the potential for a global oversupply. This ...

Hopes for a ceasefire in the Middle East, combined with potential Saudi production increases and Libyan export restarts, are ...

Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.

Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine. Explore ...

Abu Dhabi’s index fell 0.5%, with its largest lender, First Abu Dhabi Bank losing over 1.1% and Telecoms firm e&, shedding ...

Brent crude fell by as much as 3.7% to $70.72, a two-week low - knocking billions off the value of London-listed energy ...

The prices of crude oil lowered as supply risks began to ease in the global commodities market. Brent crude plunged by 2.5% ...

Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

Stock markets in the United Arab Emirates fell on Friday despite China's big stimulus steps as weak oil prices and ongoing ...