Gulf Co-operation Council countries were largely spared from US President Donald Trump's reciprocal tariffs on Wednesday, but ...

In the meantime, Reuters reports, citing its sources, that the meeting may decide to increase OPEC+ oil production in May ...

The Gulf Cooperation Council (GCC) countries have pursued ambitious digitalization strategies as part of their broader economic transformation agenda. This paper provides a thorough review of the ...

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

A one-year ban on PwC acquiring work in Saudi Arabia has highlighted the Gulf states' dependency on Western firms and the ...

Fuel prices in the UAE decreased in March, offering some relief to drivers after an uptick in February. This drop followed a ...

Oil prices in the Middle East have experienced a significant decline ... The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, have confirmed plans to ...

It’s been a month since OPEC+ said it will go ahead and gradually unwind its voluntary production cuts starting on April 1, ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

Once a climate champion, Brazil's president, Luiz Inacio Lula da Silva, is pushing for more oil drilling, even as the country ...

Oil prices were little changed on Tuesday as markets weighed the impact of newly announced US tariffs on countries that buy ...

Russian President Vladimir Putin spoke to United Arab Emirates President Sheikh Mohammed bin Zayed about OPEC+ cooperation ...