Tue, 21-Oct-2025

Saudi Aramco says Q1 profits jump 82% as oil prices surge

Saudi Aramco

Saudi Aramco on Sunday posted an 82-percentage soar in first area earnings, buoyed by way of a worldwide surge in oil prices that has made it the sector’s most valuable corporation. The declaration endured a string of new wonderful monetary information for Saudi Arabia, where a booming oil region is fuelling the quickest increase in price … Read more

Stocks mixed as US inflation jumps to four-decade high

Stocks mixed

Stock markets diverged on Tuesday as investors digested official data showing US inflation hit a four-decade high in March, making expectations the Federal Reserve will act more aggressively to tame prices. Meanwhile, Oil prices, surged as Shanghai began to ease Covid restrictions and the OPEC group of crude-producing nations lowered its forecast for global demand … Read more