Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle ...

The United Arab Emirates' non-oil trade in goods touched a record 3 trillion dirhams ($817 billion) in 2024, up 14.6% from ...

Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in ...

According to the International Renewable Energy Agency (Irena), the Middle East has less than 1 per cent of the world’s ...

Saudi Arabia would need oil to be at $90 per barrel in 2025 to balance its budget, according to Capital Economics.

Gulf states want a resilient, sustainable economic model that thrives independently of the oil market. Read more at ...

Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...

in a bid to raise funds that could be used to shore up Iran’s allied militia groups in the Middle East. The oil is from a stockpile of at least 25 million barrels that Iran sent to China in late ...

Iran has shipped about 3M barrels from storage facilities in China to raise funds that may be spent on Tehran’s militia allies in the Middle East ... to the report, the oil is from stockpiles ...