Oil and gas
Saudi Arabia’s total revenues hit $70.3 billion in Q1 2025 amid strong commitment to economic vision
Kingdom’s oil revenues generated $39.94 billion during the quarter
EBITDA rose by 11 percent to $275 million, the highest first-quarter result since 2017 IPO
Brent crude futures reached $61.20, while U.S. West Texas Intermediate settled at $58.05 a barrel
These three rigs are in addition to the three ordered in July 2024
Saudi Arabia's economy grew 2.7 percent in Q1, driven by non-oil sector activities and diversification
Barclays lowered its Brent forecast by $4 to $66 a barrel due to OPEC+ decisions
Non-oil activities rose by 4.2 percent
Primary market dollar issuance shows promise despite recent quietness in the GCC region
After a price increase in February, petrol rates saw a slight decrease in March and April
ENOC Group employs a multinational workforce of over 12,500 employees
Trump's tariffs have raised fears of a potential recession in the global economy this year
