Doha: The Ministry of Commerce and Industry (MoCI) and QatarEnergy have formalized an agreement to collaborate on establishing a governance mechanism dedicated to the allocation of hydrocarbon-derived resources for industrial investment opportunities….
Doha: Seven OPEC Plus countries decided to implement a production adjustment of 188 thousand barrels per day starting August 2026, as part of their collective commitment to support oil market stability. Comprising Saudi Arabia, Russia, Iraq, Kuwait, K…
Saudi arabia: Saudi Arabia’s main stock index ended Sunday’s session down 28.01 points to stand at 10,798.97, with trading value reaching SAR 3 billion. A total of 198 million shares were traded, with 103 companies posting gains while 153 recorded dec…
Kuwait: Kuwait’s Oil Minister Tariq Al Roumi underscored the importance of consultation and coordination among producing countries to confront rapid shifts in global energy markets. He added that this measure would foster the ability of domestic marke…