Tag : OPEC

Business

Global markets face disruption amid $17.3 trillion oil shock warning

kuwait-live.com
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...
Business

Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar

kuwait-live.com
Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility....
Business

Saudi Arabia’s non-oil economy grows 4.9% in second quarter of 2024

kuwait-live.com
Saudi Arabia’s non-oil economy grew 4.9% in Q2 2024, powered by financial and insurance gains, supporting the Kingdom’s Vision 2030 focus on reducing oil dependence....
Business

Egypt partners with global energy companies in $1.8 billion offshore exploration initiative

kuwait-live.com
Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country’s ambitious plan to invest $1.8 billion in offshore exploration for...