Oil down in Asia on oversupply fears, strong dollar
Oil prices fell in Asia on Monday, extending their slide as a stronger dollar and news that world stockpiles have reached a record high...
Russia eyes global deal on oil output in April, Iran seen exempt
A global deal to freeze oil production could be signed in April and exclude Iran, which has the right to boost output after years...
Apple shares dip 5% as iPhone sales slow
Apple shares sank in opening trade Wednesday, after the company warned that iPhone sales could fall for the first time in the coming quarter.
About...
Oil in 'tumultous' week after output freeze deal
The oil market was gripped this week by an output freeze deal between the world's top two producers Saudi Arabia and Russia.
Prices initially rebounded...
Saudi Aramco to expand as oil demand grows
State oil giant Saudi Aramco, which could soon become the world's largest listed company, will keep expanding despite low crude prices, its president said...
South Korea builder confident of $20 billion Saudi housing deal
A South Korean constructor that jointly won a $20 billion housing deal with Saudi Arabia said Monday it was confident the project would go...
Lebanese financial crisis amid protesters-police clashes
On Monday, Lebanese protesters hurled rocks and metal barricades at security forces blocking a road near parliament.
These clashed happens amid a budget debate as...
Saudi 2016 budget marks end of era for lavish Gulf subsidies
An austere state budget released by Saudi Arabia this week is likely to mark the end of an era for the Gulf's lavish cradle-to-grave...
SAUDI ARAMCO CHAIRMAN DEFENDS OIL GIANT'S POSSIBLE IPO MOVE
The chairman of Saudi Arabia's state oil giant says plans for a possible initial public offering are not being driven by a need for...
Kuwait spending on projects despite oil slump
Kuwait awarded projects worth a record $32 billion last year and plans to raise the figure in 2016 despite a sharp decline in oil...
