Economy page

Follow the latest developments in the energy markets as oil prices fluctuate today. Learn about the performance of Brent crude and West Texas Intermediate crude and their impact on the global economy.

The Japanese yen rose to 158.22 against the dollar today, despite heading for a weekly loss. Follow the details of currency exchange rates, the euro, and the Australian dollar, and their impact.

Energy Minister Prince Abdulaziz bin Salman is holding strategic meetings with his Greek and Brazilian counterparts in Riyadh to discuss cooperation in renewable energy, hydrogen and oil.

Washington reduces tariffs on Taiwan to 15% in exchange for $500 billion in investments in the semiconductor sector to boost American industry and supply chains.

Oil prices fell by more than 4% at settlement, with Brent crude settling at $63.76. Learn more about the details of the decline and its economic causes after a five-day winning streak.

US stocks closed higher across the board, with the Dow Jones Industrial Average jumping 296 points. See the full details of Wall Street's closing and the performance of the S&P 500 and Nasdaq indices.

Details of the meeting between Saudi Energy Minister Prince Abdulaziz bin Salman and the Libyan Oil Minister in Riyadh to discuss investment opportunities, renewable energy development, and strengthening joint economic cooperation.

Ambassador Mohammed Al Jaber announces new Saudi support for the Yemeni government's budget to pay the salaries of employees and military forces, in addition to providing oil derivatives for electricity.

A new ruling from the European Court of Justice strengthens the rights of travelers, obliging airlines to refund travel agents' commissions when flights are cancelled, even if the company is unaware of their value.

The Saudi Minister of Energy and his Moroccan counterpart sign an executive program for cooperation in renewable energy, to promote investment, develop networks and empower companies in both countries.