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US Energy Information Administration latest

Saudi Arabia crown prince Mohammed bin Salman. (AFP)

August 15th, 2018 - 08:25 GMT

Saudi Arabia Gears for a Future Without Oil

Saudi Arabia, the world’s biggest crude exporter is future-proofing itself against oil’s decline by investing the increasingly booming technology industry.

IMF has marginally raised Saudi Arabia’s 2018 economic growth forecast to 1.7%. (Shutterstock)

May 8th, 2018 - 07:00 GMT

IMF: Saudi Arabia’s Economy Seen to Grow to 1.7 Percent in 2018

Inflation in Saudi Arabia is likely to rise in coming months on the back of the hike in electricity prices, fuel prices and implementation of a VAT regime. (AFP)

January 2nd, 2018 - 09:00 GMT

Inflation to Rise in Saudi Arabia With VAT, New Fuel Prices

Oil prices steadied near seven-month lows on Tuesday. (File photo)

June 20th, 2017 - 10:44 GMT

Opinion: 8 Reasons Why Oil Prices Could Fall Even Lower in Coming Weeks

Remarkable leap in crude oil prices are not expected for the rest of 2017. (File photo)

May 25th, 2017 - 11:21 GMT

Oil Prices Won't Be Affected by OPEC Cut Extension: Experts

Fujairah Port is already the world's second largest bunkering hub. (FujairahPort.ae)

September 22nd, 2016 - 05:00 GMT

UAE opens country's first VLCC berth in Fujairah

Contracts traded during the five-day period ending August 4 suggest the market expects WTI prices could range from $29 a barrel to $61 a barrel. (File photo)

August 11th, 2016 - 10:00 GMT

EIA estimates oil prices will stabilize in 2017

“The rebound in prices is probably a vindication of the OPEC policy of the past two years, although the trajectory for the balance of the year is likely to remain very volatile,” said the managing director of the DME. (File photo)

June 8th, 2016 - 08:00 GMT

Oman crude oil prices jump nearly 100 percent from January lows

Al Bawaba

November 23rd, 2015 - 11:03 GMT

OPINION: Is the market really flooded with surplus oil?

Al Bawaba

September 1st, 2015 - 06:00 GMT

Oman mulls import of LNG to meet local demand

Al Bawaba

August 20th, 2015 - 12:27 GMT

Will Iran successfully make an oil comeback post-sanctions?

US imports most of its oil from Canada, with Saudi Arabia still coming in second. (Shutterstock)

August 14th, 2015 - 11:00 GMT

Most Americans think the US gets its oil from Saudi Arabia — what’s the real answer?

Al Bawaba

August 1st, 2015 - 12:11 GMT

OPEC frets as oil prices remain unstable

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