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

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

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

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

Reports suggested that Saudi Arabia may increase crude output, reversing its previous production cuts aimed at stabilizing ...

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

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

Gold prices (XAUUSD:CUR) ticked lower on Friday, however, set for their third-consecutive weekly gain. Read more details here ...

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

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

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

Unsurprisingly given a tumultuous week of losses, oil prices on Friday logged another round of weekly declines, as a persistent bearish attitude driven by perceptions of lower global demand and rising ...