Iran could decide fate of first global oil deal for 15 years
The fate of the first global oil deal in 15 years could be decided on Wednesday when OPEC members travel to Iran to persuade...
Oil market is increasingly improving, Saudi oil minister says
BAGHDAD (Reuters) - The global oil market is improving and stabilizing, Saudi Oil Minister Khalid al-Falih said in Baghdad on Saturday.
In a speech at...
Tadawul index edged down 0.4%
Middle East stock markets were mixed on Thursday, supported by oil’s turnaround but also affected by a pull-back in global equities.
Markets in Asia and...
Saudi Aramco seeks discounts on drilling costs-sources
State-run Saudi Aramco has asked oilfield service companies to extend discounts to next year as the oil giant cuts costs amid falling oil prices,...
Oil prices rise awaiting OPEC gathering
Oil prices rose Monday as the market looked ahead to the end of the week when OPEC decides on whether to change its crude...
Oil prices up on geopolitical tensions sparked by Paris attacks
Oil prices climbed in Asia Monday on geopolitical tensions sparked by the deadly terror attacks in Paris, but analysts said a global crude supply...
Apple Pay expands as it vies for broader acceptance
Apple's year-old mobile-payments service is expanding to more countries, banks and merchants, as it faces growing competition and some challenges before it becomes as...
Kuwait signs $2.8 billion military and provisional deals with France
Kuwait signed 2.5 billion euros ($2.8 bn) worth of military fixed and provisional deals led by the purchase of 24 Airbus-built Caracal helicopters, the...
BP boss forecasts balanced oil market in second half of 2016
BP boss Bob Dudley said Wednesday he was "very bearish" on oil prices for the first half of 2016, but forecast supply and demand...
Russia says coordinated oil output cuts with OPEC unlikely
Russian Energy Minister Alexander Novak said on Friday coordinated oil production cuts with OPEC to support falling oil prices were unlikely and would be...
