Friday, October 9, 2026

BP logs $1.4bn loss

BP faced another net loss in the second quarter but has now drawn a line under the 2010 Gulf of Mexico oil spill disaster,...

New Saudi energy minister shows he takes OPEC seriously

For OPEC watchers, every little detail matters. When the oil producer group holds its half-yearly meetings, what time the ministers arrive in Vienna, how they...

Saudi Aramco IPO never been linked to oil market – CEO on TV

DUBAI, Oct 24 (Reuters) - Saudi Aramco's planned intitial public offering has never been linked to developments on oil markets, its chief executive told...

Oil sags as supply glut weighs

Global oil prices weakened on Tuesday, weighed down by abundant supplies that have plagued the market for months. Brent North Sea crude for delivery in...

Russian oil chief Sechin: OPEC unity effectively extinct

OPEC is effectively extinct as a united organisation and the time when it could determine global oil market conditions should be forgotten, Igor Sechin,...

Samsung Galaxy S7 may be launched this January

Samsung is reportedly moving up the launch of its next flagship smartphone, the Galaxy S7, to January in order to ramp up competition with Apple...

Saudi Arabia sees robust oil fundamentals as rival output falls

Long-term oil market fundamentals remain robust but prolonged low prices could threaten security of supply and pave the way for a price spike, Saudi...

U.S. Secretary Kerry offers support to struggling Tunisia

U.S. Secretary of State John Kerry is in Tunisia for economic and security talks to show support for the North African nation's fledgling democracy. Kerry...

Online streaming top earner for US music business

Streaming has become for the first time the top money-maker for the US recorded music business, but it has struggled to offset falling CD...

Malaysia dissolves 1MDB advisory board

Malaysia's finance ministry said on Wednesday it would dissolve the board of advisers at 1Malaysia Development Berhad (1MDB) and take over its remaining assets,...

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