Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...
Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.
A rally that’s propelled Dubai stocks into the ranks of the best global performers looks set to cool as geopolitical risks ...
Stock markets in the United Arab Emirates fell on Friday despite China's big stimulus steps as weak oil prices and ongoing ...
Elsewhere, Hurricane Helene barreled into the western coast of Florida, packing dangerous winds and threatening to unleash ...
Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...
Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased ...
Oil prices are set for a weekly drop due to a combination of factors, including the Libyan oil production agreement, Saudi Arabia's potential shift away from a $100 per barrel target, and OPEC+ plans ...
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the ...
Saudi Arabia’s move comes as oil prices are down nearly 5 per cent so far this year, amid increasing supply from other ...
Oil prices eased for a third day on Friday and were on track to fall for the week as investors focused on expectations of ...
The group representing port employers filed an unfair labor practices complaint with the National Labor Relations Board late Wednesday and asked the regulator to order the International Longshoremen's ...