Saudi Arabia’s investment fund has reported a heavy loss worth billions of dollars from economic factors that reduced its many investments.
The sovereign wealth fund in Saudi Arabia announced that it took a comprehensive loss in 2022 worth $15.6...
The significance of OPEC+ in the global oil market cannot be understated, as the alliance accounts for approximately 40% of the world’s crude oil production.
The impact of Saudi Arabia’s decision to cut oil output has been immediate with...
OPEC+ will continue with its plan to cut down on production and reduce supply, but did not change its target notwithstanding further cuts.
The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing countries, known as OPEC+, maintained...
