Oil prices rose at settlement at the end of Wednesday’s trading, following the announcement of a decline in crude oil and gasoline inventories in the US last week.
Brent crude futures rose by 42 cents, or 0.5 percent, to reach $85.08 per barrel upon …
The Organization of the Petroleum Exporting Countries (OPEC) has stuck to its forecast for relatively robust growth in global oil demand in 2024 and 2025, citing resilient economic growth and strong rebound in air travel in the summer months.
In its …
Riyadh, The General Authority of Foreign Trade in Saudi Arabia (GAFT) approved the final formation of several joint Saudi-foreign business councils for its new 1445-1449 term.
Mohammed bin Nasser Al-Dulaim was appointed chairman of the Saudi-Canadian…
Morocco and the African Development Bank (ADB) on Wednesday signed four financing agreements worth more than DM 6.45 billion (more than 600 million euros), covering the areas of education, economics, sustainable development and infrastructure.
The ag…