#oil price

Saudis make biggest oil price hike in 20 years after OPEC+ cuts

Brent crude, down 36 per cent this year, has clawed back some of its losses and ended trading on Friday at more than $40 a barrel

Saudi Aramco is first oil major to regain pre-price-war share price

Aramco’s recovery has been achieved on much smaller share volumes than its international counterparts

Kuwait’s wealth fund on standby as oil price, virus hit finances

By law, 10 per cent of state revenue is annually transferred into the Future Generations Fund, which invests abroad and has adequate liquidity to meet any requirement