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 ...

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+ ...

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 ...

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 ...

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 ...

Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3% of GDP, according to a government statement on Monday, ...