Boeing Co. is considering raising at least $10 billion by selling new stock, as the planemaker seeks to replenish cash reserves depleted further by an ongoing strike, according to people familiar with ...

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 ...

Most stock markets in the Gulf ended lower on Tuesday amid rising geopolitical tensions in the region, while retreating oil ...

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 ...

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+ ...

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

On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher profits.

Reno Omokri has called on Nigerians to appreciate the federal government’s decision to remove the petrol subsidy. He warned that reversing the policy would bankrupt the country. “We cannot afford to ...

Lucid Group's deliveries and revenue have grown, but they fall short of early guidance. Click here to read an analysis of ...

Oil futures ended Monday with losses for the session, month and quarter, pressured by expectations that major oil producers will boost production in December - leading to a surplus of supplies as the ...

Saudi Arabia's 2024 fiscal deficit is expected to widen to 2.9% of GDP as spending increases to fuel growth and meet Vision ...