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U.s. oil futures post lowest finish since mid-september

Oil futures declined on Monday, with U.S. prices settling at their lowest since mid-September, ahead of a committee meeting of major oil producers lat...

October 2, 2023, 3:09 pm

Oil price heading for 20% fall predicts citi

Crude oil prices to slump to as low as US$70 a barrel next year due to sluggish demand and as “peak transport fuel demand” looms, according to US...

October 2, 2023, 8:46 am

Gold prices in riyadh today october 1 2023

ALBAWABA – Gold prices in Riyadh, the Kingdom of Saudi arabia today, Sunday, October 1, opened at SAR...

October 1, 2023, 9:44 am

Wti oil: consolidating under new 2023 high, on track for a quarterly gains of nearly 30%

WTI oil price is moving within a tight range but holding traction on Friday following a pullback from new 2023 high ($95.00) on Thursday (down 2% for ...

September 29, 2023, 10:49 am

Hsbc exec to leave after criticising uk's stance on china

HSBC Holding PLC's head of public affairs is stepping down, weeks after making a public apology for saying the UK government had been “weak” by cu...

September 29, 2023, 9:21 am

Kefi gold and copper to open tulu kapi mine this year

KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF), the mining exploration and development company, said it is planning to have its open-pit mine at the T...

September 29, 2023, 3:32 am

Oil prices fall as russia, saudi arabia expected to boost supply

Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi ...

September 28, 2023, 9:04 pm

Surging oil prices could cause demand to crumble, forcing saudi arabia to take its 'foot off the brake' sooner than markets expect, energy exec says

Crude oil prices reached an new high for the year, driven by Saudi Arabia's production cuts. But Riyadh may soon lift the restrictions, Rapidan's Bob ...

September 28, 2023, 1:00 pm

Oil jumps to highest price in a year, energy sector surges

The energy sector has been the best-performing market segment so far this month, with oil prices surging 30% over the past three months. Despite risin...

September 28, 2023, 12:41 pm

Lucid (lcid) opens car manufacturing plant in saudi arabia

Lucid (LCID) opens its first international car manufacturing plant in Saudi arabia to produce EVs for S...

September 28, 2023, 12:02 pm

Tesla, lucid, cloudfare, and nextera: trending stocks september 27, 2023

Tesla (TSLA) shares are trending lower as Deutsche Bank cut its price target from $300 to $285 citing growth and production concerns for 2024. EV make...

September 27, 2023, 5:25 pm

Lucid (lcid) stock pops on saudi arabia factory opening

Amid another down day on Wall Street, electric vehicle (EV) manufacturer Lucid Group (NASDAQ: LCID ) gave investors a reason to smile, but only modest...

September 27, 2023, 2:36 pm

California-based ev maker lucid opens first-ever auto plant in saudi arabia

Californian EV-maker Lucid has opened the first ever car manufacturing plant in Saudi Arabia, as the kingdom looks to establish itself as a global pla...

September 27, 2023, 1:36 pm

Ksa etf: susceptible to more weakness

iShares MSCI Saudi arabia ETF is not as cost competitive as other alternatives in this space. Reduced c...

September 27, 2023, 8:21 am

Wti crude oil technical analysis - key resistance in sight

Crude Oil continues to hover near the highs as the supply tightness remains at the centre of the market’s focus at the moment. In fact, Saudi ...

September 27, 2023, 7:18 am

Energy rallies with oil – is more in the tank?

Summary Since late June, U.S. benchmark oil prices have increased by roughly $20 per barrel thanks to solid demand and incremental supply cuts from Sa...

September 26, 2023, 8:16 am

$100 oil needs western drills to stay quiet

Saudi arabia and Russia are reliant on high oil prices to fund infrastructure projects and the Ukraine ...

September 26, 2023, 7:03 am

Lcid stock alert: lucid preps for ev production in saudi arabia

Surprisingly, Lucid Motors (NASDAQ: LCID ) stock is little-changed today despite news that the company has received a license to produce its electric...

September 25, 2023, 2:47 pm

Brent oil price could surge as high as us $150 / barrel says jp morgan

JPMorgan on the rising oil price, say that Brent could continue to $150 / bbl.Citing:OPEC+ supply cuts, mainly led by Saudi ...

September 25, 2023, 6:30 am

Oil prices nearing $100 a barrel is bad news for inflation — but it's good news for russia

Oil prices have gained over 10% so far this year following output cuts from Saudi arabia and Russia. Th...

September 25, 2023, 12:27 am


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