Qatar energy minister wants 'fair' oil price
The oil market is slowly recovering from its steep drop over the past two years but crude is still not trading at a "fair...
Marriott buys rival hotel chain Starwood for $12.2 billion
Marriott International is buying rival hotel chain Starwood for $12.2 billion in a deal that will secure its position as the world's largest hotelier.
The...
OPEC watching Iran and Russia, unlikely to cut output in June
OPEC is very unlikely to cut output at its next meeting in June, even if prices remain extremely low, according to OPEC sources and...
Israel seeks 'solution' over Egypt gas row
Israel announced Tuesday that it was sending an envoy to Cairo to find a solution after Egyptian firms were ordered to pay $1.76 billion...
Global stocks fail to find solid footing after meltdown
Stocks worldwide resumed their downward slide Tuesday a day after a massive sell-off as investors failed to shake off dogged fears over economic weakness,...
EU’s Borrell says Turkish gas drills off Cyprus ‘must stop’
Nicosia, Cyprus (AFP) - European Union foreign policy chief Josep Borrell said Thursday that "illegal" Turkish drilling for gas off the divided island of...
Oil prices hit reverse as dollar jumps on US data
The oil market fell Friday, reversing earlier gains as the dollar surged on bright US jobs data that boosted hopes of a rate hike...
Iraq's oil exports in February fall below planned levels
Iraq's Oil Ministry said Tuesday that crude exports averaged 3.225 million barrels a day in February, far below levels planned to provide the nation...
Oil bosses fight for relevance before climate talks
Oil and gas industry leaders on Friday launched a final charm offensive to highlight the sector's relevance in the global fight against climate change...
World Bank approves $1.15 bln development policy loan for Egypt
The World Bank Group said its executive board approved on Tuesday a $1.15 billion development policy loan for Egypt to support the country's economic...
