US
Oil remains steady ahead of OPEC+meeting
KSE-100 index climbs 2,023 points, or 3.5% WoW, closes at 59,086
Arabs in the MENA region should leverage their oil wealth in the Gaza-Israel War to call for a ceasefire
UAE to host COP28 climate summit scheduled to take place in Dubai in Nov, Dec
Group was largely expected to stick to its already agreed 2 million bpd cuts when its panel meets virtually on Monday
Oil prices have come under pressure from weak economy
Decision to hold Dec 4 meeting virtually signals little likelihood of policy change
Prince Saud's viral video of threat comes amid escalating tensions over oil output cut
US Senator Bob Menendez called for a halt to most US arms sales to Saudi Arabia after the OPEC+ move
Saudi foreign minister says decision was purely economic and was taken unanimously by its member states