Category :Oil & Gas

Business Economy News Oil & Gas Regional

Saudi non-oil private sector January growth slows amid Omicron surge

Global Business Magazine February 3, 2022

Growth in Saudi Arabia's non-oil private economy slipped again in January, falling to its slowest expansion rate since September amid a sharp Read More

Business News Oil & Gas Regional

UAE non-oil private sector growth slows in January as COVID

Global Business Magazine February 3, 2022

The United Arab Emirates' non-oil private sector growth fell in January to its slowest in six months despite notching a 14th straight Read More

Business Economy Featured Oil & Gas Regional

UAE’s Economy Forecast To Grow at 4.2% On Higher Demand

Global Business Magazine February 2, 2022

It has been a bag of mixed fortunes for the two main bourses in the UAE for the month of January 2022. The Read More

Business News Oil & Gas World

Saudi Aramco buys 7.4% stake in Norwegian software firm Cognite

Global Business Magazine February 2, 2022

Saudi Aramco (2222.SE) has bought a 7.4% stake in Norwegian industrial software group Cognite from oil firm Aker BP (AKRBP.OL), Cognite said Read More

Business Economy Oil & Gas World

Oil climbs toward 7-year highs on U.S. stock draw, eyes

Global Business Magazine February 2, 2022

Oil prices climbed on Wednesday toward last week's seven-year highs as a draw in U.S. crude stocks confirmed strong demand and Read More

Business Economy News Oil & Gas World

Oil forward curves signal tight market, supporting price rally

Global Business Magazine January 31, 2022

The risk of geopolitical disruption to oil supply at a time of already tight inventories due to the strong post-pandemic recovery has Read More

Oil & Gas Featured World

US oil major Chevron’s profits surge in Q4 of 2021

Global Business Magazine January 31, 2022

Aided by surging crude oil prices globally, Chevron Corporation (NYSE: CVX) reported earnings of $5.1 billion ($2.63 per share - diluted) for Q4 of 2021, Read More

Business News Oil & Gas Regional

EXCLUSIVE Qatar could reroute some gas to Europe with U.S.

Global Business Magazine January 27, 2022

Qatar will need help from the United States to persuade Doha's natural gas buyers to reroute some supplies to Europe in case Read More

Business News Oil & Gas Regional

Oil rises on elevated geopolitical risks in Europe and Middle

Global Business Magazine January 24, 2022

Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and rising tensions in the Middle East, Read More

Oil & Gas Economy Featured

OPEC+, IEA Forecast Robust Growth In Demand For Oil In

Global Business Magazine January 24, 2022

The Organisation of Petroleum Exporting Countries (OPEC) and non-members of the group expects the demand for oil to continue this year despite Read More