OPEC stays focused on stable oil market: Secretary General
Over its 64 years of existence, OPEC has promoted communication and cooperation...
OPEC
Saudi Vision 2030: Is the diversification agenda realistically economically viable?
The Saudis' breakeven price and spending remain high because they disregarded the...
GCC national oil corporations’ capital expenditure to reach USD 115 Billion in 2024
After Saudi Aramco decided to halt its plan to enhance the Kingdom's...
MENA Watch: GCC & OPEC vow to stabilise energy markets, Saudi sees export slump
Based on figures released on the organisation's website on February 21, the...
Global economies & the challenges ahead
Forecasts for inflation in 2024 have been upgraded, and underlying inflation is...
UAE holds interest rate steady as country set to double its growth in 2024
The report noted that the UAE’s GDP already grew by 3.7% year-on-year...
Saudi’s GDP growth to decelerate in 2023: IIF Report
The research stated that even if the current account surplus has shrunk,...
OPEC+ to extend oil production cuts into 2024
In a statement, OPEC announced that the next ministerial meeting involving both...
World Bank predicts slowdown for GCC, Oman emerges as the bright spot
The second-largest economy in the GCC, the UAE, is expected to grow...
Analysts predict rosy picture for China’s oil sector
In 2022, China's refineries posted their first annual decline in throughput since...