Kuwait and Saudi agree to resume output at disputed oilfield
Saudi Arabia and Kuwait have reached a deal to resume production at the disputed Khafji offshore oilfield, Kuwait's acting oil minister said on Tuesday.
"An...
South Korea builder confident of $20 billion Saudi housing deal
A South Korean constructor that jointly won a $20 billion housing deal with Saudi Arabia said Monday it was confident the project would go...
South Africa's Zuma in Saudi to expand economic ties
South African President Jacob Zuma called for strengthening his country's economic ties with Saudi Arabia, during a visit to the kingdom on Sunday.
"While our...
Trump would consider halting U.S. oil purchases from Saudis
Republican presidential front-runner Donald Trump told the New York Times he would consider stopping U.S. oil purchases from Saudi Arabia unless the Saudi government...
Oil slides, strong dollar pulls Asian shares lower
Asian shares dropped on Thursday, with energy stocks taking a hammering from a slide in oil prices while a stronger dollar piled pressure on...
Oil revenues down, Algeria calls on energy investors
After a deep slide in oil prices, Algeria's Sonatrach is shifting strategy to offer foreign firms direct negotiations to buy stakes in 20 oil...
Online streaming top earner for US music business
Streaming has become for the first time the top money-maker for the US recorded music business, but it has struggled to offset falling CD...
Oil above $41 as OPEC predicts 'moderate' rebound
Oil prices resumed their rise in Asia on Tuesday, staying above $41 a barrel, as OPEC raised hopes of a moderate rebound and announced...
OPEC's Badri hopes for positive meeting in April, says Iran could join later
Iran may join other oil producers planning to freeze production to support prices at a later date, OPEC's secretary general said on Monday, since...
Oil prices steadier after gains
Oil prices were steady Monday after last week's rally, as traders reacted to renewed oversupply concerns spurred by an increase in US rigs output,...
