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

Whether within Iran, across the Middle East, or elsewhere, the return of President Trump’s maximum pressure campaign is ...

SAUDI Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to ...

Countries like the UAE and Oman are developing local oil exchanges to push for more influence on global oil markets. The lack of variety and volume in Middle Eastern benchmarks, such as Dubai ...

Oil & Gas Middle East Awards just around the corner, we are thrilled to unveil this year’s shortlist across 20 categories, spotlighting the companies, initiatives, and individuals driving progress in ...

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 ...

The Middle East, as a global leader in oil production, is perfectly positioned to maximise the benefits of digital transformation, aligning with regional sustainability goals like Saudi Arabia’s ...

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

Syria is seeking to import oil via local intermediaries after its first post-Assad import tenders garnered little interest ...

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

With the oil market constantly changing, there could come a time when a Middle East blend might come to rival the international benchmark. This time, to be fair, is still quite far in the future ...