Gulf stocks dipped across key markets on Tuesday as investors weighed concerns over U.S. trade policy ahead of a looming ...

Letters of Credit are financial instruments whereby banks commit to settle a buyer’s payment to the supplier of a good or ...

NET LOSS FORECAST: The South Korean oil refiner, controlled by Saudi Aramco, will likely post a net loss of 120.86 billion won, equivalent to $87.4 million, for the April-June period, according to a ...

China’s thirst for oil drove global demand for decades. Now a government campaign to curb that addiction is nearing a ...

Saudi Arabia's benchmark index retreated 1.3%, after snapping its longest downturn in nearly two years in the previous ...

The Chinese government is boosting domestic production and the EV industry in the name of national security. There are 14 ...

AlJazira Capital said it expects Saudi Arabian Oil Co. (Aramco) to post net income (after minority) of SAR 90.6 billion in Q2 2025, down 14.7% year-on ...

S&P could downgrade Nabors if it fails to favorably refinance its upcoming maturities before they become current or if liquidity significantly deteriorates. Conversely, the outlook could return to ...

By NICK DAZANG Permit me the indulgence of parodying the title of Charles Dickens’s hugely successful book, A TALE OF TWO CITIES, to herald this discourse. Recall that Dickens’s book, set in London ...

Weatherford International, LLC. Second quarter revenue of $1,204 million increased 1% sequentially. Second quarter operating ...

Saudi Arabia led the plunge with contract awards falling 72.5 percent, and the UAE followed at 47 percent. The UAE overtook ...

The chipmaker is the first Asian company to hit the milestone since China's PetroChina did so in 2007. A number of companies ...