Oil dips in Asia amid Saudi Arabia output boost reports
Oil prices eased slightly in Asia Thursday amid reports OPEC kingpin Saudi Arabia would further raise output in August.
Prices hit five-week highs this week,...
France to agree aerospace deals with Saudi Arabia
France and Saudi Arabia are to agree big aerospace contracts when French Prime Minister Manuel Valls visits the kingdom on Tuesday, sources close to...
Oil slides on Kuwait-Saudi oilfield agreement
World oil prices sank on Tuesday after producers Saudi Arabia and Kuwait announced a deal to gradually resume production at a joint oilfield.
The agreement...
Oil prices fall as oversupply worries return
Oil fell in Asia on Thursday, ending a brief rally stoked by news US gasoline inventories fell after OPEC kingpin Saudi Arabia shot down...
Nigeria's President Buhari to talk oil in Saudi and Qatar
President Muhammadu Buhari is to visit the Gulf for a week-long tour, with a focus on ending the global slump in oil prices that...
Eastern Libya ships first oil cargo in defiance of Tripoli
A government based in eastern Libya has shipped its first cargo of crude in defiance of authorities in the capital Tripoli, a bold move...
Algeria’s public debt rises to 45% of GDP
Algeria has been under financial pressure after a fall in energy earnings and foreign exchange reserves amid growing demands from the country's 43 million...
OPEC, Russia head for oil cut extension but wary of overheating market
OPEC and Russia look set to prolong oil supply cuts until the end of 2018 this week while signalling that they may review the...
Saudi oil exports rise to 7.364 million bpd in October
Saudi Arabia's crude oil exports in October rose to 7.364 million barrels per day from 7.111 million bpd in September, official data showed on...
Biggest 2016 risk may be the one just behind us: Oil
The biggest financial risk in 2016 may be the one that's been on stage all year.
In Britain's popular Christmas pantomime shows, audiences scream out...
