Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...

Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y — the sharpest monthly ...

Another large supply hike from OPEC+ confirms the group's policy change. However, the issue is that this policy shift is occurring at a time when there is already plenty of demand uncertainty.

The best SAR exchange rate right now is 4.8631 from TravelFx. This is based on a comparison of 25+ currency suppliers and if you were buying £500 worth of SAR for home delivery. Today's best UK ...

Today Islamic date in Saudi Arabia or KSA is calculated as per the lunar-based calendar which consists of 12 Lunar months in a year of 354 or 355 days. A Muslim must know about the exact Islamic date ...

As Saudi Arabia's economy strengthens with rising oil prices and new Vision 2030 initiatives, the value of the Riyal remains stable. However, the Pakistani Rupee has faced challenges with inflation ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...