Saudi energy minister: Oil market heading toward a balance, prices settling
The energy minister of Saudi Arabia, the world's largest oil exporter, and the secretary general of OPEC agree that the global oil market is...
Britain's FTSE ends lower as commodity stocks slump
Britain's top share index surrendered its earlier gains and ended lower on Monday, with commodity shares coming under severe pressure after prices of crude...
OPEC sees oil glut shrinking in 2016 as low prices curb rival output
OPEC said its oil output fell in October and forecast supply from rival producers next year would decline for the first time since 2007...
Oil prices unchanged as Saudi readies for OPEC
Oil prices were flat Tuesday as Saudi Arabia's oil minister was due to arrive in Vienna ahead of a key OPEC meeting on crude...
Saudi Arabia aims to salvage financial district
The plan to build a financial district from scratch was viewed by Saudi Arabia's neighbours as among the glossiest excesses of the kingdom's oil...
Saudi Arabia says seeks to balance interests of oil consumers and producers
Saudi Arabia said on Monday its energy policy was geared towards balancing the interests of oil consumers and producers and encouraging investment in different...
Nigeria to split up state-run oil firm
Nigeria is to break up its state-run oil and gas firm into 30 separate companies, the country's junior oil minister announced, as part of...
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...
2-7% increase in retirement pensions – Algeria
Algeria, the OPEC member's public finances have come under pressure after a sharp fall in global crude oil prices caused energy earnings, the main...
Israel regulator seeks to ban bitcoin firms from stock exchange
Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange,...
