Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing ...

The Middle East’s Dubai oil benchmark is showing signs of worsening oversupply, adding to a slew of indicators pointing to a ...

Key crude prices in the Middle East have dropped to their weakest level against the Brent benchmark in two months, signaling ...

Major Gulf stock markets fell on Sunday on weaker oil prices and profit-taking, with sentiment further pressured by concerns ...

While global oil inventories show excess supply, regional differences, especially offshore and in China stock builds—along ...

Baker Hughes secures a multi-year contract with Kuwait Oil Company to supply ESPs, intelligent production drives, and ...

Despite positive reports from OPEC and the IEA, as well as supportive US inventory draws and new geopolitical risks in the ...

Prudent fiscal policy, vigilant financial oversight, and deeper labor and investment reforms can keep Saudi Arabia’s ...

Ahead of the 2026 national budget presentation by President Bola Tinubu, the Senate on Tuesday reduced the $64.8 oil price ...

The Middle Eastern oil market has weakened in recent weeks on concern that regional supplies will outstrip demand.

Most Gulf equities slipped on Tuesday in tandem with a decline in global stock markets ahead of key U.S. data releases this week, while weaker oil prices also weighed on sentiment.

The Senate on Tuesday approved the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), cutting ...