KSA

The meeting of OPEC's ruling commission hasn't even started yet, and there have already been issues. It was originally supposed to happen on Monday and Tuesday this week, with a declaration at the end of Tuesday's session. However,…
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Crude oil prices reached an October 2018 high this week on Trump's waiver decision. Both the API and EIA reports for the week ending April 19 were disappointing. However, it will take more than just a few stockpiled barrels for any…
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WTI prices spiked a few hours ago following a report that US President Donald Trump wants waivers to countries that import Iranian oil to end. US oil rose to $66.60 a barrel after a Washington Post article hit the wires on Monday. It…
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In the past two weeks, tensions were rising significantly between Qatar and some Arab countries, mostly GCC countries. The Arab countries including Saudi Arabia, UAE, Bahrain, and Egypt issued an ultimatum to Qatar, giving 10 days to react…
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During the early morning hours of Monday, the first trading day of the week, the Middle East woke up to a bunch of breaking news, leading Crude Oil prices to rise by 1%. On Monday, many Arab countries decided to cut their ties with Qatar…
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