Oil
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
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
The United States has approached China to seek talks over Trump's 145 percent tariffs, and Beijing's door was open for discussions
Non-oil activities rose by 4.2 percent
Primary market dollar issuance shows promise despite recent quietness in the GCC region
Trump's tariffs have raised fears of a potential recession in the global economy this yearÂ
U.S. crude oil stockpiles likely rose by about 500,000 barrels in the recent week
Sukuk issuance priced at 60 basis points over U.S. Treasuries attracted robust investor interest
U.S. WTI crude gained 41 cents, reaching $63.43
