Expected strong global demand pushed oil prices up, notably in the United States despite ongoing concerns about …
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oil prices
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Featureforex newsIndustry & TradeThe Watch
Oil inches up ahead of US inflation data
by Aya El Sayedby Aya El SayedOil prices saw a marginal increase, with Brent futures nearing $83 a barrel and West Texas Intermediate …
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Oil fell on Monday due to concerns about sluggish demand in China, despite geopolitical tensions in the …
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FeatureInternational NewsMENA NewsMoneyNews
Aramco eyes expansion in China
by Aya El Sayedby Aya El SayedSaudi Aramco’s CEO, Amin Nasser, announced on Sunday that the company is exploring further investment opportunities in …
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FeatureIndustry & TradeMENA NewsNews
Aramco’s ’23 profit drops to $121b
by Aya El Sayedby Aya El SayedAramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its …
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FeatureIndustry & TradeMENA NewsNewsTech/AI
Aramco raises dividend to $31b despite lower oil prices
by Nada Aliby Nada AliAramco raised its dividend payment to investors and the Saudi government, totalling $31.07 billion in the fourth …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Oil prices hold gains buoyed by Chinese trade data
by Nada Aliby Nada AliOil prices remained steady on Thursday, buoyed by positive Chinese trade data and a smaller-than-expected increase in …
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FeatureInternational NewsMoneyNewsStocks
Asian stocks edge higher as investors await rate cuts
by Nada Aliby Nada AliAsian stocks rose on Thursday as investors anticipated rate cuts from the Federal Reserve, while the yen …
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Gulf stock markets were muted in early Tuesday trading due to declining oil prices as China’s economic …
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FeatureInternational NewsNewsStocks
Asian shares falter ahead of US inflation data
by Nada Aliby Nada AliMost Asian equities fell on Thursday, while the dollar and US Treasuries remained stable ahead of key …