Saudi Arabia’s jaw-dropping $16 billion Makkah Royal Clock Tower isn’t just a timepiece – it’s a testament to ambition and engineering prowess. Rising over 600 meters above the holy city of Mecca, ...

For most of our lifetimes, global trade has worked like this: if you’re selling oil in Brazil, or importing fertiliser in ...

TotalEnergies has made strides to become more diversified into renewables, but it still gets over half its operating income ...

Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...

On Monday, the popular Brent crude oil was priced at $64.34 per barrel. The crude oil price was $62.50, and American WTI was ...

OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...

OPEC+ is expected to fully reverse its 2022 production cuts by October, but oil prices continue rising amid geopolitical ...

Oil exporting group Opec+ has announced a further unwinding of production cuts, but the impact on tanker demand may be more ...

The production increases come after OPEC+ voluntarily cut output totaling 2.2 million barrels a day starting in January 2024 to support stability and balance in the oil market. It began phasing out ...

The production increases come after OPEC+ voluntarily cut output totaling 2.2 million barrels a day starting in January 2024 to support stability and balance in the oil market. It began phasing out ...

When Prince Abdulaziz bin Salman was appointed Saudi Arabia’s energy minister six years ago, he vowed to heed even the ...