Tuesday, August 25, 2026

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...

Kuwait projects record deficit on falling oil income

OPEC member Kuwait projected a record budget deficit for the fiscal year starting April 1 on the sliding price of oil, the finance ministry...

Oil prices drop despite OPEC forecast

Oil prices fell on Monday even as OPEC forecast a further tightening of supplies, as traders focused instead on turbulence across financial markets. The Organization...

Saudi central bank to appoint KPMG partner as deputy governor for supervision – sources

The Saudi Arabian Monetary Agency (SAMA) is set to appoint KPMG Saudi Arabia's managing partner Tareq al-Sadhan as its new deputy governor for supervision,...

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...

Law firm says "Panama Papers" data hack was external

The Panamanian lawyer at the center of a data leak scandal that has embarrassed a clutch of world leaders said on Tuesday that his...

HSBC whistleblower skips Swiss trial

The Swiss trial against a former HSBC employee who leaked documents alleging the bank helped clients evade millions of dollars in taxes opened Monday,...

Saudi and Russia agree oil output freeze, Iran still an obstacle

Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining...

Saudi Aramco IPO never been linked to oil market – CEO on TV

DUBAI, Oct 24 (Reuters) - Saudi Aramco's planned intitial public offering has never been linked to developments on oil markets, its chief executive told...

Latest News