Oil is trading on risk again
Escalating unrest in Iran is pulling geopolitical risk premium back into crude
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Escalating unrest in Iran is pulling geopolitical risk premium back into crude
If Venezuelan barrels are directed to the US, China is likely to turn to the Middle East for more oil
Non-oil economy is expected to grow by 4% in 2025 and 2026 The National Bank of Kuwait (NBK) expects Saudi…
Oil revenues represented nearly 56% of the total government revenues during the quarter
The oil sector posted the highest quarterly expansion in three years, with an 8.2% growth in 3Q
Non-oil activities drove the expansion with 4.6% y-o-y growth
The giant oil producer’s share price has reached its lowest since March 2020
The oil giant attributed the fallout in revenues to lower prices for crude oil
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