Most stock markets in the Gulf ended lower on Sunday, in response to Friday's fall in oil prices, although the Saudi index bucked the trend to close higher.

The drop in prices eventually forced higher-cost producers to exit the market as pumping was no longer profitable. Meanwhile, Saudi Arabia continued to pump as it was better able to withstand lower...

The global oil and gas infrastructure market size accounted for USD 706.9 billion in 2023 and is expanding at a notable CAGR of 6.35% from 2023 to 2032, According to Precedence ...

WTI and Brent crude oil futures steadied with the market seemingly unconvinced that the latest round of production cuts by the OPEC+ coalition will be able to lift prices out of their recent slump.

Oil futures edged lower in the morning Asian session on skepticism over the production-cut pledge by OPEC+, analysts say.

Oil was little changed on Thursday as investors remained cautious ahead of expected production cuts by the OPEC+ group, and as weaker-than-expected Chinese factory data underscored slowing growth i...

Oil was little changed on Thursday as investors remained cautious ahead of expected production cuts by the OPEC+ group and as weaker-than-expected Chinese factory data underscored slowing growth in...

“The OPEC+ agreement has effectively protected the stability of oil markets.” Silveira didn’t provide details on Brazil’s membership, or whether it would participate in quotas. However, delegates ...

Oil prices continued to climb on Wednesday ahead of the critical OPEC+ meeting, with a storm in the Black Sea and the API’s report of a U.S. inventory draw.

By Stanley Reed These are tricky times for the world’s major oil producers: Prices are lower, the health of the global economy is uncertain, and, even as the Organization of the Petroleum Exporting...

The Salad Oil Market is witnessing a remarkable surge in demand as health-conscious consumers increasingly opt for nutritious and convenient food options. The market’s growth is fueled by the risin...

The facial oil market is projected to be valued US$ 1,069.0 million in 2023 by Future Market Insights (FMI). By the end of 2033, the revenue from sales of face oil is probably going to be US$ 1,915...