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US Trade Deficit Jumps 42% as Imports Surge, Raising Fresh Q2 GDP Concerns
The US trade deficit widened 42.2% to $77.6 billion in May as imports hit a one-year high and exports declined, adding pressure to second-quarter GDP.
Jul 7, 2026, 13:29 UTC
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62 itemsSaudi Arabia Reprices Its Crude as Global Oil Market Shifts From Supply Shock to Buyer Competition
Saudi Arabia cut August crude prices as Gulf exports recovered, OPEC+ raised output and competition for Asian buyers intensified sharply.
Jul 6, 2026, 21:56 UTC
ADNOC Targets Global LNG Leadership With Integrated Trading Platform Aiming for 47 MTPA
ADNOC unified LNG marketing, trading and shipping into a global platform targeting 47 MTPA by 2035, strengthening Abu Dhabi's energy trading role.
Jul 6, 2026, 05:16 UTC
Adani and IHC Launch $11.5 Billion Aluminium Venture to Strengthen Global Supply Chains
Adani Enterprises and IHC's IRH will develop an $11.5 billion aluminium project in India, strengthening global supply chains and industrial growth.
Jul 3, 2026, 06:20 UTC
ADNOC Logistics & Services Upgrades 2026 Guidance on Strong Shipping Performance
ADNOC Logistics & Services raised its 2026 financial guidance after strong shipping performance boosted expectations for revenue and EBITDA
Jun 29, 2026, 05:27 UTC
Oil Rebounds Nearly 2% as Tanker Incident Renews Strait of Hormuz Concerns
Oil climbed nearly 2% after a tanker incident near Oman revived concerns over shipping through the Strait of Hormuz.
Jun 25, 2026, 17:44 UTC
Spain's Economy Grows 0.6% in Q1 as Investment and Exports Lose Momentum
Spain's economy expanded 0.6% in Q1 2026, supported by household spending, while investment and exports weakened, official data showed.
Jun 25, 2026, 10:05 UTC
Saudi Arabia's Trade Surplus More Than Doubles to SAR 25.4 Billion in April
Saudi Arabia's trade surplus rose to SAR 25.4 billion in April as oil exports increased and imports declined despite regional geopolitical tensions.
Jun 25, 2026, 07:35 UTC
Oil Drops Below $70 as Middle East Supply Fears Ease, While Fuel Markets Remain Tight
Oil fell below $70 a barrel as Hormuz traffic resumed and US-Iran talks progressed, while diesel and heating oil markets remained relatively tight.
Jun 24, 2026, 15:53 UTC
Arcapita and Hines Explore GCC Industrial and Logistics Investment Platform
Arcapita and Hines are exploring a platform to invest in industrial and logistics real estate across the GCC amid rising demand.
Jun 24, 2026, 07:08 UTC
Kuwait Signals Confidence in Hormuz Reopening With Rare Petroleum Tender
Kuwait has issued a rare naphtha tender requiring buyers to collect cargoes from its Gulf ports, signaling growing confidence
Jun 22, 2026, 09:19 UTC
Kuwait Offers Crude Cargoes After Lifting Force Majeure and Resuming Exports
Kuwait has offered crude oil cargoes for July delivery after lifting force majeure and resuming exports following the reopening of the Strait of Hormu
Jun 19, 2026, 07:16 UTC
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