Saudi Arabia has been pouring billions of dollars into the electric vehicle industry in the past few years. It has even been working on its own brand of EV called Ceer. Just this month, Tesla began ...

Opec has received updated plans for seven countries including Saudi Arabia and the UAE to make further oil output cuts to compensate for pumping above agreed quotas, the group said on Wednesday. Opec+ ...

The Organization of the Petroleum Exporting Countries (OPEC) has received updated plans for Iraq, Kazakhstan and other ...

The OPEC Secretariat received on Wednesday updated compensation plans from Saudi Arabia, Russia, Iraq, the United Arab Em ...

Eight OPEC+ countries that assumed an obligation earlier on voluntary oil production cuts had an online meeting on April 3 ...

Dr. Gil FeilerThe Gulf Cooperation Council (GCC), comprising Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Oman, and ...

A recent announcement signals Trump's desire to revive talks on a civil nuclear agreement that did not go through under Biden ...

Aramco, Sinopec, and Yasref have signed a Venture Framework Agreement (VFA) to facilitate a significant petrochemical ...

Dubai's property boom now faces its biggest threat since the pandemic as US President Donald Trump’s tariffs roil markets ...

The Organization of the Petroleum Exporting Countries lowered its forecast for growth in global oil demand in 2025 for the ...

Oil prices - a catalyst for the Gulf’s financial markets - rose more than 1% on the U.S. tariff exclusions and Chinese data ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise ...