RIYADH ― The Arab world's biggest economy, Saudi Arabia, announced on Monday it anticipates a budget deficit of 2.3 percent of gross domestic product (GDP) in 2025, projected to continue over the ...

Hess Corp. CEO John Hess won’t be joining Chevron’s 12-person board of directors, even assuming the companies close their $53 billion deal, currently mired in arbitration, under a Federal Trade ...

Canada’s government introduced new rules in 2022 that added a layer of regulatory scrutiny to investments by foreign ...

Saudi Arabia's real GDP is expected to grow 0.8% this year, a dramatic drop from a previous estimate of 4.4%, according to ...

In the non-oil sector, Saudi exports to the US totalled $2.3bn (SR8.5bn). Fertilizers topped these, at $790m (SR3bn), ...

Brent prices could head toward $60 per barrel or below in 2025, said Bob McNally, president of Rapidan Energy. U.S. crude oil prices drifted lower Tuesday as the risk of rising supply from OPEC+ ...

An OPEC+ panel is unlikely this week to recommend any changes to its current deal to reduce production and to start unwinding ...

The Saudi Arabian asset management industry (AMI) is poised for growth in 2H24–2025, following regulatory reforms, expanding ...

Saudi Arabia is again signaling a shift in strategy to protect global market share. The last time this happened, an oil bust ...

Boeing Co. is considering raising at least $10 billion by selling new stock, as the planemaker seeks to replenish cash ...

Oil prices have fallen in 2024 with Brent crude last month slipping below $70 a barrel for the first time since 2021, ...

OPEC+ is strategically giving up some market share in the short term by limiting production in order to secure investments ...