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,...
Oil to average just over $40 in 2016
Oil prices will average just over $40 this year, the biggest cut to monthly forecasts in a year, as an influx of Iranian barrels...
Fearing ISIS spillover, France to push Tunisia aid
France's foreign minister travels to Tunisia on Thursday aiming to firm up security and economic ties as Tunis struggles with rising Islamist militancy fuelled...
Nigeria's president to visit restive oil region
Muhammadu Buhari will this week make his first visit as president to Nigeria's oil-producing south, which has been riven by an upsurge in violence...
Oil prices dip after latest surge
Oil prices dipped in Asia Wednesday after the previous day's rally as Canadian oil companies prepare to restart production after being closed by huge...
Kuwait sees oil price rise on lower output, high growth
Oil prices are likely to rise early next year amid signs of a decline in production of high-cost crude and improved economic growth, Kuwait's...
UAE’s Landmark Group halts sale of Trump products after 'Muslim ban' remarks
Dubai-based retailer Landmark Group has suspended the sale of Trump-branded home decor products in its Lifestyle stores after the recent statements made by US...
Putin's ally absent as Russia considers joint action with OPEC
When Russian officials this week discussed the merits of jointly cutting oil output with OPEC to push up prices, one man -- President Vladimir...
PT Pertamina and Saudi Aramco ink pact for refinery upgrading project in Indonesia
Indonesia’s PT Pertamina and Saudi Aramco have signed a heads of agreement (HoA) to formalize key business principles for joint ownership, operation and upgrade...
Saudi central bank foreign assets fall 1 pct in August
Oct 5 Net foreign assets at Saudi Arabia's central bank fell 1 percent from the previous month to 2.455 trillion riyals ($655 billion) in...
