Oil prices extend gains on Monday
Oil prices extended gains on Monday as Middle East tensions escalated after a reported attack on the Barakah…
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Saudi Arabia
OPEC+ agrees 188k bpd output adjustment, reaffirms market stability
OPEC+ countries Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed on 3 May 2026 to adjust…
Egypt non-oil exports rise to $12bn in Q4 2025 – IDSC
Egypt’s non-oil merchandise exports rose 7.1 per cent year on year to $12 billion in the fourth quarter of 2025,…
IMF cuts Saudi growth outlook to 3.1% in 2026 on regional conflict spillovers
Saudi Arabia’s economic growth is expected to slow in 2026 before rebounding in 2027, as regional conflict disrupts…
Oil prices surge on Thursday
Oil prices surged on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns about…
Gulf stocks soar on US-Iran ceasefire deal
Gulf stock markets surged on Wednesday as global equities rallied after US President Donald Trump agreed to a…
Oil prices extend gains on Tuesday
Oil prices extended gains on Tuesday as escalating tensions between the United States and Iran raised concerns over…
Egypt confirms continued exports to Gulf amid Strait of Hormuz disruption
Egypt’s Ministry of Investment and Foreign Trade confirmed that no government decision has been issued to suspend…
Oil drops sharply from three-year high as Trump hints at potential peace deal
Oil prices fell sharply on Tuesday after hitting a three-year high in the previous session, as US President Donald…
Oil prices rise over 15% on Monday
Oil prices rose more than 15 per cent on Monday to their highest levels since mid 2022 as supply cuts by major…