Oil falls to 11-year low, Saudi-Iran row seen making output restraint unlikely
Oil fell to its lowest in more than 11 years on Wednesday, down around 2 percent, as the row between Saudi Arabia and Iran...
European shares rally after China calms yuan fall
European shares bounced on Thursday after a 4 percent fall this week, tracking global equities higher on efforts by China’s central bank to slow...
Bahrain MPs blast fuel price hike in heated session
A session of the Bahraini parliament broke up amid shouting and protests on Tuesday when several lawmakers, in a rare show of opposition to...
Kuwait oil strike enters second day
A walkout by thousands of Kuwaiti oil workers entered its second day on Monday, slashing production by over 60 percent as the government looks...
Protests amid a surge in food prices in Lebanon
Protests broke out in several parts of Lebanon on Monday amid a crash in the local currency and a surge in food prices, leading...
SABIC chief expects decision on $30 bln Saudi project in Q2
Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, expects to make a decision in the second quarter of 2016 on...
Russia says ready to ramp up oil output, challenging Saudi
Russia said on Wednesday it was prepared to push oil production to historic highs, just days after a global deal to freeze output levels...
Kuwait minister says oil price at $50-60 is appropriate
Kuwaiti acting Oil Minister Anas al-Saleh said on Thursday oil at $50 to $60 a barrel is an appropriate price.
International Brent crude oil futures...
Lebanon faces economic ‘catastrophe’ according to the new Prime Minister
Debt-ridden Lebanon faces an economic "catastrophe", Prime Minister Hassan Diab said on Wednesday as his newly unveiled cabinet met for the first time.
The U.S....
Asian shares rise as G20 meeting begins
Asian stocks rallied on Friday after China's central bank chief said Beijing still has enough monetary firepower to keep the world's second-largest economy on...
