The International Energy Agency says the world is heading straight into a record-breaking oil surplus in 2026, as global demand growth slows down and ...

Oil production was above the target by 400,000 bpd in Kazakhstan, 340,000 bpd in Iraq, 370,000 bpd in the UAE, and 180,000 bpd in Kuwait ...

IEA Lifts Global Oil Supply Forecast, Signaling Bigger Surplus Ahead Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three ...

The UAE and Gulf job market is booming as around 94 per cent of employers across the region plan to hire over the next six ...

Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...

Move over Switzerland and Austria, there's a new alpine hotspot for holidaymakers from the Gulf escaping the summer heat.

India is set to rely more heavily on West Asian oil suppliers, including Saudi Arabia, the UAE, and Iraq, as US pressure mounts over Russian crude imports.

Crude oil futures rise slightly despite US inventory increase, market awaits official data and potential US-Russia meeting ...

Africa holds approximately 6 per cent of the world’s natural gas reserves and is expected to contribute significantly to the global LNG supply by 2030, particularly through projects in Mozambique, ...

From the end of the Second World War, Persian Gulf oil has been protected by an expensive network of American bases—and now, Donald Trump wants regional powers like Saudi Arabia to take over the costs ...

Two state-run energy companies, Bharat Petroleum Corporation Limited (BPCL) and Oil and Natural Gas Corporation Limited (ONGC ...

OPEC now expects the global oil market to be tighter in 2026 than previously forecast, projecting stronger demand growth and slower rival supply expansion, Bloomberg writes.  The cartel raised its ...