Tag : OPEC

Business

Global markets face disruption amid $17.3 trillion oil shock warning

basrahdaily.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...
Featured News

Oil prices fall 1 percent amid weak economic data from US and Germany

basrahdaily.com
Oil prices fell 1% amid weak economic data from the US and Germany, reversing recent gains driven by a weaker dollar and surging winter demand...
Business

Kuwait oil rises $4.5, reaching $75.40 per barrel on market concerns

basrahdaily.com
Kuwait’s crude oil price surged by $4.5 on Wednesday, reaching $75.40 per barrel, driven by concerns over Middle Eastern tensions and market uncertainty, according to...
Business

Saudi Arabia’s non-oil activity rises 4.9%, driven by finance and insurance

basrahdaily.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....