Oil producers struggle with budgets after price collapse
Oil producing countries are scrambling to fill gaping holes in their budgets torn by crashing petroleum prices, with some turning to international lenders for...
Saudi-Iran split muddies OPEC long-term strategy
OPEC has yet to agree on a long-term strategy as Saudi Arabia objects to a proposal from arch-rival Iran that the exporter group aim...
Oil rises after Saudi Arabia reiterates willing to work with non-OPEC
Oil prices turned around to rally on Monday after the Saudi Arabian cabinet said in a statement the kingdom remained ready to work with...
OPEC sees non-cartel oil supply falling in 2016
OPEC said Thursday that it expects oil production by countries outside the cartel to fall in 2016 by more than it previously forecast, in...
Tumbling oil triggers Tadawul panic selling
Panic selling again gripped Saudi stock market on Wednesday due to weak oil prices, causing the Tadawul All-Share Index to plunge below 8,000 points.
The...
Saudi pricing shows oil volatility in action amid oversupply
Saudi Arabia's decision to lower prices for oil loading in November shows that the battle for market share in an over-supplied Asian crude market...
China's retail investors seek safety first
As China's legions of retail investors flee the country's tumultuous equity markets, pushing stock prices down around 15 percent so far this year, money...
MIDEAST STOCKS-Saudi banks rebound after sell-off
Rebounding banking stocks lifted Saudi Arabia's market in early trade on Monday. Egypt's bourse was also positive in thin trade before an extended break.
The...
Funding and regulation challenge Saudi private sector drive
After decades of government-led growth, Saudi Arabia is handing over much of the responsibility for the economy to private firms - a prospect which...
Crop fires, a weapon of war, ruin Iraqi, Syrian harvests
IRBIL, Iraq (AP) — It was looking to be a good year for farmers across parts of Syria and Iraq. The wettest in generations,...
