Oil Updates – trades little changed as markets weigh Russian supply cuts against weaker dollar

SINGAPORE: Oil was little changed on Tuesday, after rising in the previous session, as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks, though a slightly weaker US dollar offered some support, according to Reuters. Brent crude futures for May climbed by 7 cents to $86.82 a … Read more

Oil Updates – prices flat as weaker IEA outlook weighs on US rate cut hopes

RIYADH: Saudi Arabia’s insurance industry is projected to experience a compound annual growth rate of 5.2 percent until 2028, reaching SR83.7 billion ($22 billion), a study showed.   This growth, up from the current SR68.3 billion in 2024, is primarily driven by the health and motor segments, which together will account for 86 percent of the … Read more

Oil Updates – crude rises on slim progress in Gaza peace talks, weaker dollar

Spotlight on strategic alliances at Saudi Public Investment Fund’s Private Sector Forum RIYADH: The Public Investment Fund’s second annual Private Sector Forum concluded on Wednesday, after two days of sessions designed to promote and develop strategic alliances between the Saudi sovereign wealth fund and the private sector. More than 8,000 people attended the event at … Read more