Oil price glosses over OPEC problems
OPEC looks to be in a happier place with oil prices recovering, but its inability to agree an output ceiling to restrain the flow...
Falih slowly wins back OPEC for Saudis
Russian oil billionaire Vagit Alekperov isn't easily swayed, but Saudi Arabia's new Energy Minister Khalid al-Falih achieved it this week.
Intense diplomacy by the soft-spoken...
Gulf investors hold back from UK property deals on Brexit fears
Gulf Arab investors, some of the biggest buyers of British real estate, are holding back from new deals because they fear a property price...
Russian deputy PM outcome of OPEC meeting will not have impact on oil prices
The outcome of the Thursday's meeting of the Organization of the Petroleum Exporting Countries in Vienna won't have any impact on global oil prices,...
OPEC fails to agree policy but Saudis pledge no shocks
Saudi Arabia promised on Thursday not to flood the oil market with extra barrels even as OPEC failed to agree on output policy, with...
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...
Saudis pledge not to shock oil markets as OPEC clash looms
Saudi Arabia promised on Thursday not to shock the oil markets as OPEC headed into a heated debate about production policy, with Iran insisting...
Gulf OPEC members seek to revive global oil output deal
Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major producers when the group meets on...
Najib says foreign investors keen on Malaysia despite "noise"
Prime Minister Najib Razak said on Wednesday that investor confidence in Malaysia is high and blamed the rising "noise levels" for a negative perception...
Nigeria's Barkindo emerges as frontrunner for OPEC boss
A Nigerian oil technocrat has emerged as frontrunner to take the top job at OPEC, with members seeing Mohammed Barkindo as what would be...
