The UAE’s economy grew by 3.9 per cent in 2024, its central bank has said, driven by growth momentum in the country’s non-oil ...

Middle East stock markets are tumbling as they struggle with the dual hit of U.S. tariffs and a sharp decline in oil prices ...

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

The eight OPEC+ countries, which previously announced additional voluntary cuts in April and November 2023, namely Saudi ...

Iran and Russia have also been ramping up exports. Energy analysts say Saudi Arabia may have thrown in the towel and switched ...

Saudi Arabia, UAE and Oman have joined other OPEC+ members in a decision to increase oil output. The eight OPEC+ countries ... the eight participating countries will implement a production adjustment ...

Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output ...

OPEC+ has decided to accelerate the reversal of production cuts, adding 411,000 barrels per day to its combined supply in May ...

OPEC+ is expected to agree on a plan that would see production for the group increase in May, OPEC+ sources told Reuters on ...

Saudi Arabia, Russia, Iraq, the UAE and others reviewed global market conditions and decided to raise collective output by 411,000 barrels per day starting in May.

The international investment arm of United Arab Emirates state oil company ADNOC will make a significant investment in U.S. natural gas starting in the coming months, ADNOC CEO Sultan Al Jaber said on ...