Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...

The Middle East is shifting from conflict to investment as Iran loses influence and Gulf states take the lead. IMEC is ...

Saudi Arabia would need oil to be at $90 per barrel in 2025 to balance its budget, according to Capital Economics.

The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...

Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle Eastern crude and global benchmark Brent. The action has hit record levels ...

According to the International Renewable Energy Agency (Irena), the Middle East has less than 1 per cent of the world’s ...

Mr Paknejad said that Tehran had prepared strategies for any situation regarding US sanctions. Read more at straitstimes.com.

Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in ...

US president says he won’t use the new measures if Iran enters talks on nuclear activities and Middle East peace ...