Dubai announces first airport tax on passengers
The emirate of Dubai, whose airport is the world's busiest for international passengers, announced Wednesday it was introducing a tax on travellers to help...
Oil edges back above $30
Oil prices rose above $30 on Tuesday after briefly dipping below the psychological barrier as the market was beset with worries about the global...
Latin American oil exporters urge oil producers to help stabilise market
Latin America's main oil exporters on Friday called on both OPEC and non-OPEC nations to take action to stabilise oil markets, in a timid...
Oil rally halted by US stockpiles rise and Saudi stance on cuts
Oil prices fell in Asia Friday after a sharp rise in US crude stockpiles and Saudi Arabia's rejection of proposed output cuts shot down...
Oil rebounds as producers agree to meet
Oil prices rebounded Wednesday, as Qatar said producers from within and outside OPEC would meet next month to discuss a freezing of output.
Prices had...
Oil up as Kuwait revives hope for output freeze deal
Oil prices climbed in Asia Wednesday after Kuwait said an agreement to freeze output during a producers' meeting this month could still be reached...
Kuwait oil strike enters day 3, some output restored
A strike by oil workers that has slashed Kuwait's output entered its third day on Tuesday but the state oil firm said it had...
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...
Kuwaiti government requests special 6.2 bln dinar budget for weapons
The Kuwaiti government asked parliament to approve a supplementary budget of 6.2 billion dinars ($20.4 billion) to fund weapons purchases for the military over...
Saudi Aramco expects oil prices to rise by end of 2016
Saudi Arabia's state-owned oil giant expects oil prices will climb toward the end the year, saying the current price of around $30 a barrel...
