Tadawul index edged down 0.4%
Middle East stock markets were mixed on Thursday, supported by oil’s turnaround but also affected by a pull-back in global equities.
Markets in Asia and...
Oil majors see low prices persisting for months ahead
The global oil glut is likely to take longer than expected to clear and may depress oil prices for many more months if not...
Oil oversupply causes slump, close to seven-year low
World oil prices dived Friday close to a seven-year low, propelled downward by global oversupply and the strong dollar after this week's US interest...
Asian stocks struggle as oil falters, China weakens
Asian stocks held near the day's lows on Wednesday as a relapse in oil prices and fresh drops in Chinese stocks made sentiment even...
Italy’s economic crisis over Coronavirus
In Italy, the Coronavirus outbreak that has killed 463 people and forced the government to restrict movement for its 60 million citizens.
The government imposed...
A peek into the Saudi economic reform plan
Here are the main points of the "Saudi Vision 2030" economic reform plan announced by Deputy Crown Prince Mohammed bin Salman and approved by...
Standard and Poor's cuts Saudi Arabia's rating to A-
Standard and Poor's cut Saudi Arabia's credit rating by two notches on Wednesday, saying low oil prices would have a considerable impact on the...
Oil price below $40 after OPEC decides against output cut
Oil stayed below $40 a barrel in Asia Monday after the OPEC cartel decided against slashing high output levels and traders turned their attention...
Saudi-Iranian tensions can't halt slide in oil prices
Even the escalating tension between Iran and Saudi Arabia, two big oil-producing countries, can't halt the slide in energy prices.
Oil futures spiked briefly on...
Trump and Saudi discussing global energy markets
Saudi Arabia, the world's biggest oil exporter, will raise its crude supply to a record high in April, the kingdom announced on Tuesday.
Amin Nasser,...
