The UAE’s economy grew by 3.9 per cent in 2024, its central bank has said, driven by growth momentum in the country’s non-oil ...

The US Secretary of Energy, Chris Wright, emphasised the strong and growing strategic partnership between the United States ...

Middle East stock markets tumbled Monday as they struggled with the dual hit of the United States’ new tariff policy and a ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

Department of Energy (DoE) Secretary Chris Wright foresees additional investments from the United Arab Emirates (UAE) coming ...

Saudi Arabia, UAE and Oman have joined other OPEC+ members in a decision to increase oil output. The eight OPEC+ countries ... the eight participating countries will implement a production adjustment ...

Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

OPEC+ has decided to accelerate the reversal of production cuts, adding 411,000 barrels per day to its combined supply in May ...

OPEC+ is expected to agree on a plan that would see production for the group increase in May, OPEC+ sources told Reuters on ...

Saudi Arabia, Russia, Iraq, the UAE and others reviewed global market conditions and decided to raise collective output by 411,000 barrels per day starting in May.