Oil will blow past $80 a barrel in 2016
The next big move in the price of oil will be up. For now, OPEC producers are flooding the market with cheap crude. But...
Iran urges oil producers to keep discussing freeze, says it can't sign up
Iran urged other oil producers on Monday to continue talks on an output freeze to prop up crude prices, but insisted it was justified...
Saudia eyes Asian ventures, low-cost unit under 2020 plan
Saudia is open to forging joint-venture (JV) agreements with unspecified Asian carriers as its five-year turnaround plan moves from a predominantly restructuring phase into...
Wall Street wobbles as health stocks, oil prices drop
Wall Street struggled for gains in volatile trading on Monday, weighed down by healthcare stocks and oil prices hitting fresh 12-year lows, ahead of...
Iraq preparing to push ISIS away from oil region
Kurdish Peshmerga forces, an Iran-backed Shi'ite militia and Iraq's army will launch an offensive soon to push Islamic State fighters away from the northern...
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...
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...
Asian stocks falter as Fed makes case for possible Dec rate rise
Asian stocks broke a two-day rising streak on Thursday after top U.S. Federal Reserve officials kept the door open to a December interest rate...
Total fined 750,000 euros over Iraq 'oil for food' graft
French energy giant Total was ordered on appeal Friday to pay 750,000 euros for siphoning cash from the UN "oil-for-food" programme that aided sanctions-hit...
IMF urges ECB to use all tools to support Eurozone
The International Monetary Fund welcomed moves announced by the European Central Bank on Thursday to support the Eurozone, and urged it to use its...
