Pakistan government signed an agreement with the Saudi Fund for Development (SFD) to defer by one year a USD 1.2 billion ...

The cost of producing crude oil in Nigeria has risen to about $40 per barrel, according to a report by the Nigerian Upstream ...

The highway leading west from Saudi Arabia’s capital city weaves through reddish dunes in the Ad-Dahna Desert, where summertime temperatures can surpass 50C (122F). About two hours into a drive, a ...

Muslim-majority nations play a significant role in shaping the world as we know it. Their impact goes far beyond borders, ...

Commodities Analysis by ING Economic and Financial Analysis (Warren Patterson) covering: Gold Spot US Dollar, Gold Futures, US Coffee C Futures, Crude Oil WTI Futures. Read ING Economic and Financial ...

Oil reserves in storage facilities around the world are at a record low, and production of raw materials in non-OPEC+ countries will be limited in growth. Therefore, the keys to the market will again ...

The president says lower prices could solve a range of problems, but finds early resistance in the oil market.

In his first term, Trump jetted to Saudi Arabia for his first overseas trip ... of the Petroleum Exporting Countries' (OPEC) proven oil reserves. But despite MBS' attempts to transform the ...

Qatar is the richest Muslim country on the basis of GDP per capita at purchasing power parity (PPP), with incomes exceeding $133,357 per capita. On the basis of per capita GDP, Qatar is also the ...

As we step into 2025, the global power game is more intense than ever. Nations are hustling to strengthen their influence– ...

Venezuela holds the largest oil reserves of any OPEC country outside the Middle East. Saudi Arabia has proven reserves of 260 billion barrels. Categories: Economy , Energy & Oil , Latin America .

Oil prices went up in the global market on Thursday after Saudi Arabia’s national oil company, Saudi Aramco, raised the price ...