An upward revision in historical oil demand by the International Energy Agency in its monthly report points to a tighter global market than the West’s energy...
European carriers took further steps to avoid Ukraine, while airline shares sank after tension mounted through the weekend over Russia’s troop buildup at the border. KLM...
Jordan will begin exporting electricity to Lebanon in March after finalizing a funding agreement with the World Bank, Jordan’s Energy Minister Saleh Kharabsheh told Saudi owned...
Tensions between Russia and the West are driving oil prices, rather than the kind of fundamental fuel shortage that would justify accelerated output increases from OPEC+,...
Saudi Arabia’s Crown Prince Mohammed bin Salman announced the transfer of 4 percent of Saudi Aramco shares to the Public Investment Fund, Saudi Arabia’s sovereign wealth...
Abu Dhabi's ADNOC Drilling reported on Friday a rise of 6.1 percent in 2021 net profit, with revenues boosted by its onshore and oilfield services businesses....
Since the pandemic erupted two years ago, Forest Ramsey and his wife, Kelly, have held the line on prices at their gourmet chocolate shop in Louisville,...
Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision...
Iranian oil exports have risen to more than 1 million barrels per day for the first time in almost three years, based on estimates from companies...
Egypt’s annual urban consumer price inflation quickened to 7.3 percent year-on-year in January, its highest since August 2019, from 5.9 percent in December, data from the...
