Oil prices

Oil prices climb to $66.77 as Trump pressures Fed, tariffs cloud outlook

Trump criticized Fed Chair Powell, warning the U.S. economy could slow without immediate rate cuts

Dubai inflation slows to 2.8 percent in March 2025 on lower transport costs

Transport costs in Dubai were down 3.3 percent annually, reflecting the decline in oil prices

Oil prices fall to $66.86 as tariff concerns, economic uncertainty grow

Markets remained nervous about aggressive U.S. tariffs and the ongoing trade war with China

GCC banks positioned to weather economic storms from U.S. trade policies: Report

New S&P report highlights GCC banks' solid strategies in volatile markets

OPEC+ to raise oil output by 411,000  bpd in May, citing healthy market fundamentals

The May hike is the next increment of the plan to gradually unwind the most recent output cut of 2.2 million bpd

Saudi Arabia’s stock market rises after S&P upgraded credit rating to ‘A+’

The upgrade is backed by better governance and stronger institutions, enhancing domestic capital markets' depth

The impact of macroeconomic indicators on forex pairs linked to GCC currencies

Explore how regional macroeconomic indicators affect currency pairs involving GCC currencies like the AED and SAR

Davos 2025: Trump promises “the largest tax cut in American history”

Trump added that he would reduce corporate tax from 21 percent to 15 percent

Saudi Aramco CEO anticipates 1.3 million barrels per day increase in oil demand this year

Oil demand in 2025 is projected at nearly 106 million barrels per day, up from 104.6 million

The OPEC+ will face pitfalls of geopolitics, U.S. energy shift in 2025

Since October 2022, the organization has cut crude oil production by 5.8 million barrels per day

Bahrain’s economy grows 2.1 percent in Q3 2024 on non-oil sector expansion

The contributions of non-oil activities to real GDP reached 86.4 percent in Q3 2024

GCC inflation rate increases 1.5 percent in September on rising housing prices

Among GCC countries, Kuwait recorded the highest annual inflation rate in September at 2.8 percent