News

Saudi Arabia's budget deficit narrowed to 34.534 billion riyals ($9.21 billion) in the second quarter, marking a 41.1% ...
Saudi Arabia’s economy expanded for a fifth straight quarter, driven by steady growth in the non-oil sector and a return to ...
Saudi Arabia's economy expanded by nearly 4% in the second quarter, primarily driven by significant growth in non-oil activities and a return to growth in the oil sector.
Failure of IPOs to match stellar performance of 2023 and 2024 shows concern over oil prices and state borrowing, analysts say ...
Discounts on Russian oil have been shrinking and India's crude import basket is well diversified, say Indian oil refiners ...
India's crude oil imports in 2025 reflect shifting global dynamics, with traditional suppliers like Iraq and Saudi Arabia ...
Russia overtook Iraq and Saudi Arabia to become India's No.1 supplier, with a share as high as 40% at one point of time.
India has bought a nearly constant flow of Russian oil for the past two years. Prices fluctuated, but each year’s sales have ...
Arabian Gulf Business Insight on MSN8h
Saudi economy thrives with robust non-oil expansion
The Saudi economy expanded for the fifth straight quarter, driven by non-oil growth, the latest government figures showed. GDP expanded 3.9 percent year on year in the second quarter of 2025, up from ...
As US President Donald Trump announces a 25% tariff on the import of Indian goods, Indian oil marketing companies (OMCs) say they are awaiting the ou ...
September WTI crude oil (CLU25) today is down -1.19 (-1.70%), and September RBOB gasoline (RBU25) is down -0.0336 (-1.53%).
A key U.S. inflation gauge rose last month, in a sign that President Donald Trump’s broad-based tariffs are starting to lift ...