Saudi-Iran tensions disrupt oil freeze deal
A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite...
Oil bounces after producers fail to agree on freezing output
Crude oil prices tumbled but then regained some lost ground on Monday after oil-rich countries failed to reach an agreement Sunday on freezing production.
U.S....
Saudi confirms 'genuine' $681 million donation to Malaysian PM
Saudi Arabia has for the first time publicly confirmed Malaysia's claim that the Saudi royal family deposited $681 million into Prime Minister Najib Razak's...
Commodity slump forces Africa to rely on IMF
Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund, which has an opportunity to push for...
Stocks, dollar and oil cool ahead of Doha meeting
Reassuring Chinese GDP data helped stocks, commodity markets and the dollar consolidate strong weekly gains on Friday, as focus turned to a meeting of...
Qatar 'optimistic' ahead of crunch Doha oil talks
Qatar said Thursday there was an "atmosphere of optimism" that an agreement would be reached at this weekend's crunch meeting of the world's major...
How Saudi Arabia plans to shake up its economy
In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia's economy...
Oil prices fall further in Asia
Oil prices extended losses in Asia Thursday following a rise in US commercial crude stockpiles, while traders turned cautious ahead of a crunch producers'...
IEA expects limited impact from oil output freeze at Doha
A deal to freeze oil production by OPEC and non-OPEC producers will have a limited impact on global supply and markets are unlikely to...
Kurdistan government needs support to plug $100 million monthly deficit
The Kurdistan Regional Government (KRG) in Iraq needs budget support to plug a monthly deficit of $100 million and would accept any conditions that...
