ANALYSIS-Saudi Arabia's new oil policy works in reclaiming market share
Top oil exporter Saudi Arabia is slowly regaining market share following its 2014 decision to no longer support prices, data shows, but has a...
Turkish economy risks losing $9 billion over Russia situation
Tensions with Russia could cost Turkey's economy nine billion dollars in the worst case scenario of "zero relations", Turkish Deputy Prime Minister said Monday.
Moscow...
Oil price below $40 after OPEC decides against output cut
Oil stayed below $40 a barrel in Asia Monday after the OPEC cartel decided against slashing high output levels and traders turned their attention...
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...
OPEC November oil output rises, led by Saudi Arabia and Iraq
OPEC oil output has risen in November from the previous month, a Reuters survey found on Monday, led by a rebound in Iraqi exports...
Saudi Arabia targets Russia in battle for European oil market
From global majors such as Shell (RDSa.L) and Total (TOTF.PA) to more modest Polish energy firms, oil refiners in Europe are cutting their longstanding...
Youths in Tunisia’s deprived south dream of ‘real’ jobs
Tataouine (AFP) - In the southernmost Tunisian town of Tataouine, being young often means being unemployed, while even those who have a job dream...
Oil ouput freeze already in place, says UAE
Emirati Oil Minister Suhail Mazrouei said Monday that current market prices are forcing most producers to freeze oil output levels, insisting it made "no...
China says it will keep 2016 economic growth in 'reasonable' range
Chinese leaders, meeting ahead of an agenda-setting conference, pledged on Monday to keep the country's economic growth in a "reasonable range" in 2016 by...
OPEC pressure Saudi Arabia to cut oil output
Saudi Arabia has come under increased pressure from fellow OPEC members to cut output to prop up prices as the group meets this week...
