Oil

Oil prices edge higher ahead of Fed cues, improving demand

Brent oil futures expiring in July rose 0.3 percent to $84.19 per barrel

Oil prices steady, on track for modest weekly gains as demand outlook brightens

Brent crude futures for July delivery edged up 0.1 percent to $83.33 per barrel

Oil prices rise amid weaker dollar, tighter supply expectations

Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel

Oil prices rise amid drop in U.S. inventories, inflation concerns

Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel

Oil prices surge as China’s fiscal stimulus, Canadian wildfires threaten supply

Brent oil futures, set to expire in July, rose by 0.3 percent to reach $83.59 per barrel

Oil prices inch lower on concerns about Chinese imports, U.S. inflation

Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel

Oil prices rise on strong Chinese demand, weakening U.S. labor market

Brent oil futures, expiring in July, advanced by 0.5 percent to reach $84.33 per barrel

Oil prices rise on mixed Chinese trade data, Middle East tensions

Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel

Saudi Aramco reports Q1 2024 net income of $27.2 billion

Cash flow from operating activities stands at $33.59 billion

Oil prices slide as U.S. inventories surge, demand weakens

Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel

Oil prices up amidst global tensions, concerns about sluggish demand and reduced supplies

Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel

Oil prices inch up as Saudi Arabia increases June crude prices

Brent crude futures rose by 28 cents, or 0.3 percent, reaching $83.24 per barrel

Saudi Arabia’s non-oil exports surge by 4.4 percent to $5.82 billion in February

Rubber and plastic product exports in February fueled the rise in non-oil shipments

Saudi Aramco to acquire 10 percent stake in China’s Hengli Petrochemical

Deal aligns with Aramco’s strategy to expand its presence in key high-value markets like China

Oil prices soar $3 per barrel amid concerns of supply disruptions

Brent futures rose by $2.63, reaching $89.74 per barrel

Saudi Arabia’s crude oil production reaches seven-month high in February

This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month

Oil prices stabilize after steep declines amid U.S. rate hike fears, Venezuela sanctions

Venezuela's oil exports had grown 12 percent in 2023 to 700,000 bpd after the easing of some U.S. sanctions

Bain & Company on hitting sustainability goals, overcoming challenges and leveraging opportunities

70 percent of MENA organizations have clear targets, Bain & Company Middle East reveals

Saudi Arabia’s drilling firm ADES secures $93.3 million contract to operate jack-up rig in Qatar

The contract includes a mandatory and optional extension period of up to 18 months

Saudi Arabia’s industrial production index up 1 percent in February

Index reveals 2.1 percent annual increase in manufacturing activity

Oil prices decline as Middle East tensions ease: Brent crude falls below $90

Investors await consumer price index data from U.S. and China later this week

Oil prices surge above $90, reaching highest level since October

The rise in prices is fueled by geopolitical tension and supply concerns