NEW DELHI/SINGAPORE: Oil prices edged lower on Monday as rising Middle East crude exports and a release of oil stocks by the Group of Seven nations boosted supplies, offsetting concerns about further damage to Gulf oil infrastructure amid the US-Israeli war…
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Saudi Arabia accounts for around 54 percent of the total assets under management within the investments and partnerships sector of The Arab Energy Fund, which is studying new investment opportunities in the Kingdom and the region.
Oman’s economy grew between April and June this year as disruption to the Strait of Hormuz failed to dampen oil exports from the sultanate. GDP rose 5.1 percent year on year to OMR9.9 billion ($26 billion) in the quarter ended June 30, the state-run Oman News…
