Kuwait oil row as minister tries to shuffle top executives
The chief of state-owned Kuwait Petroleum Corp has refused to carry out the oil minister's decision to swap the CEOs of two subsidiaries, risking...
Oil price slide drives Canadian dollar to 11-1/2-year low
European stocks are expected to rise in 2016, helped by stimulus measures from the European Central Bank, altOil-rich Canada's dollar hit an 11-1/2-year trough...
Purchasing power in Syria drops 80 percent since war: report
Residents of war-torn Syria have seen their purchasing power drop by an estimated 80 percent since the beginning of the country's conflict in 2011,...
Germany approves arms exports to Saudi Arabia and Oman
The German government has approved several arms export deals with countries in the Middle East, including delivery of 23 Airbus helicopters to Saudi Arabia,...
Sterling dips below $1.50 for first time since April
Sterling dipped below $1.50 for the first time since April on Monday after a policymaker warned about the impact of a strong pound on...
Japan is boosted as the Dollar strengthens and crude climbs almost one percent in...
Japanese stocks rallied as the dollar strengthened in holiday-thinned trade Monday, with most markets across Asia closed for the Lunar New Year holiday.
A report...
Russia says Saudi Arabia proposed oil output cuts by up to 5 pct
Russian Energy Minister Alexander Novak said on Thursday that Saudi Arabia had proposed that oil producing countries cut oil production by up to 5...
MIDEAST STOCKS-Saudi rises on FTSE review; Egypt up after govt reshuffle
Saudi Arabia's stock market rose in early trade on Sunday after index compiler FTSE added the country to its watchlist for potential upgrade and...
Saudi Arabia targets Russia in battle for European oil market
From global majors such as Shell (RDSa.L) and Total (TOTF.PA) to more modest Polish energy firms, oil refiners in Europe are cutting their longstanding...
Kuwaiti Emir Sheikh Sabah warns budget down 60 percent on low oil prices
Kuwait's ruler warned Tuesday his nation's revenue is down some 60 percent due to low global oil prices, urging citizens of this tiny country...
