Oil prices mixed in Asia ahead of US inventories report
Oil prices were mixed in Asia Tuesday as investors waited for data on US crude stockpiles expected to further underscore a global supply glut.
Prices...
OPEC nations plan to join U.N. climate drive
OPEC members Iran and Saudi Arabia, the top greenhouse gas emitters yet to submit national strategies for tackling climate change, say they will do...
Dubai ruler says Emirates to privatise government services
The ruler of Dubai says authorities hope to privatize some government services in the oil-rich country.
Sheikh Mohammed bin Rashid Al Maktoum, who also serves...
Saudi and Russian delegates to hold business forum in Moscow
A high-profile business conference hosting Russian and Saudi delegates will begin this week in Moscow, Arab News reported on Tuesday.
The governor of the Saudi...
Paris and Riyadh strategic alliance further reinforced
French Ambassador to Saudi Arabia Bertrand Besancenot said that France and KSA have a strategic partnership that is characterized today by a new momentum....
U.S. Stock Indexes hold onto meager gains
U.S. stock indexes held onto meager gains in lackluster early-afternoon trading on Monday in the run-up to Thursday's Thanksgiving holiday.
Energy stocks rose with crude...
Oil prices down as Turkey fears ease
Oil prices extended their decline in Asia Tuesday as the global glut returned to focus, while worries about the effects of Turkey's coup on...
Saudi energy minister: Oil market heading toward a balance, prices settling
The energy minister of Saudi Arabia, the world's largest oil exporter, and the secretary general of OPEC agree that the global oil market is...
Oil prices slightly up in Asia but gains limited
Oil prices were higher in Asia Friday, but gains were limited in a market burdened by a persistent oversupply.
A continued rise in US commercial...
Jewels still sparkle as Saudi potentially faces austerity
Saudi Arabia may be facing its biggest economic challenge in years but there's little talk of falling oil revenues or austerity at Riyadh's glittering...
