Focus on jobs at heart of Saudi reforms
Saudi Arabia plans to spend billions of riyals on technical training and other initiatives to boost the number of its citizens in private sector...
Oil falls after Saudi-Venezuela talks
Crude oil prices slid lower Monday, pushing US oil below $30 a barrel, after weekend talks between OPEC kingpin Saudi Arabia and Venezuela dashed...
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...
Iraq looks to reopen oil pipeline through Saudi Arabia
Iraq is seeking to reopen its crude oil export pipeline through Saudi Arabia, shut in 1990, state newspaper Assababah reported citing an unidentified Iraqi...
OPEC meeting on output freeze unlikely without Iran progress
A meeting between oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, sources...
Shell and BG shareholders to vote on merger
Royal Dutch Shell and BG Group shareholders are expected to vote on the merger of the two companies on Jan. 27 and 28, respectively,...
Saudi-Iran crisis punches another hole in OPEC unity
Escalating diplomatic tensions between Iran and Saudi Arabia have added fresh strains on OPEC's unity as the cartel grapples with a common response to...
Saudi forex reserves stabilize at $659.5b
Saudi Arabia has managed to keep the level of its foreign exchange reserves stable at $659.5 billion at the end of October, according to...
Oil edges up on weaker dollar as Britain EU vote looms
Oil climbed in Asia Wednesday after Federal Reserve boss Janet Yellen's cautious remarks on the US economy weakened the dollar and traders nervously await...
Oil majors see low prices persisting for months ahead
The global oil glut is likely to take longer than expected to clear and may depress oil prices for many more months if not...
