ANALYSIS-Saudi Arabia's new oil policy works in reclaiming market share
Top oil exporter Saudi Arabia is slowly regaining market share following its 2014 decision to no longer support prices, data shows, but has a...
European stocks to rise but unlikely to regain 2015 peaks: Reuters poll
European stocks are expected to rise in 2016, helped by stimulus measures from the European Central Bank, although markets are unlikely to get back...
Saudi inflation rises to five-year high on subsidy cut
Saudi inflation soared to a five-year high in January after the kingdom made unprecedented cuts to public subsidies and raised fuel prices, a research...
Row over sandy tracks hits Spain-Saudi rail project
It is the biggest contract Spanish firms have ever undertaken abroad, a high-speed railway linking Islam's holiest cities, Makkah and Medina, in Saudi Arabia...
Apple to show off new iPhones with T.V display
With its highly profitable iPhone due for an upgrade, Apple is expected to unveil a pair of new handsets at an event in San...
Iraqi foreign minister to discuss Kurdistan, oil projects in Moscow
MOSCOW, Oct 21 (Reuters) - Russian Foreign Minister Sergei Lavrov and his Iraqi counterpart Ibrahim al-Jaafari will meet in Moscow on Oct. 23 to...
Saudi reform plan pleases markets
A sweeping economic reform plan announced by Saudi Arabia on Monday pleased the financial markets but fell short of convincing sceptics that the kingdom...
BP to cut spending after 80 percent drop in profits
BP said on Tuesday it could cut capital spending further after reporting an 80 percent drop in profits in the first quarter of 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...
OPEC nations plan to join U.N. climate drive
OPEC members Iran and Saudi Arabia, the top greenhouse gas emitters yet to submit national strategies for tackling climate change, say they will do...
