Saudi Aramco listing lures banks with prospects of deals
Investment banks are jostling to take part in the listing of a chunk of Saudi Arabia's state-owned oil giant Aramco as a portal to...
Indonesia’s labour recall decision ‘final’
The decision by the Indonesian government to recall its workers from the Middle East is final and will not be reversed.
Around 1.3 million Indonesians...
Lebanon to discontinue paying outstanding Eurobonds
Lebanon, hit by a grinding dollar liquidity crunch amid its worst economic recession in decades, had set the stage for a default on its...
Saudi Yasref Oil Plant Running at Capacity as Margins Improve
Yasref oil refinery, a joint venture between Saudi Arabian Oil Co. and China Petroleum & Chemical Corp., is processing crude at full capacity of...
Oil traders get closer look at what might prompt Saudi rethink
Saudi Arabia has given oil traders the first glimmer of clarity on what it might take to prompt the world's biggest crude exporter to...
Hundreds of businesses shutting down in Lebanon
More than 220,000 jobs in the private sector have been shed since mid-October when protests fueled by worsening economic conditions erupted against the political...
Russia overtakes Saudi Arabia for second time in China crude supply
Russia supplied a record amount of crude oil to China in September, surpassing Saudi Arabia for the second time as the top seller to...
Iraq oil overtakes Saudi in Europe as OPEC battles rage on
A market share battle between Russia and OPEC oil producers in Europe is intensifying as Iraq has overtaken Saudi Arabia as the second largest...
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...
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,...
