DUBAI: Saudi Arabia’s Foreign ministry expressed its solidarity and sympathy to Syria and Turkiye after an earthquake rocked both countries along their border, early on Monday morning. The first earthquake – at 7.8 magnitude - struck at about 4 a.m. local time on Monday, the second – at 7.7 magnitude – struck shortly before 2 p.m. as the search and rescue work continued. More
DUBAI: Kuwait’s state energy company says customers are reluctant to increase oil imports next year, signalling that the market is being suppressed by global economic weakness.
Having invested $30bn in refinery expansion and upgrading projects, Kuwait is now looking to begin profiting from its investments. It sees a golden opportu.
The OPEC+ alliance decided to maintain production at current levels, pausing to take stock of a global oil market that’s roiled by uncertainty over Chinese…