Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Asharq Al Awsat The second half of January was defined by the cementing of Saudi Arabia’s economic transformation and its emergence as a global hub for innovation and humanitarian leadership, reported ...

DUBAI (Reuters) - OPEC's decision to retain its production ceiling is not beneficial to all OPEC member states, but Iran has refrained from protesting to maintain group solidarity, Iranian oil ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts expecting the latest in a series of output hikes for August. The wider ...

NEW YORK (AP) — A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost oil production, a move some believe could lower oil and gasoline prices, citing ...

Global oil markets are again showing the impact of emotions and misinterpretation. The so-called surprise production increase taken by eight (8) leading members of OPEC is, in principle, not relevant ...

Global oil supply and demand has seen significant fluctuations since the onset of the COVID-19 pandemic and subsequent lockdown restrictions. As economies begin to gradually reopen, demand for the ...