OPEC's Badri hopes for positive meeting in April, says Iran could join later
Iran may join other oil producers planning to freeze production to support prices at a later date, OPEC's secretary general said on Monday, since...
Algerians are watching the collapse of oil prices with alarm
The economic impact of the Coronavirus pandemic, which has sent global demand for crude into tailspin, threatens to fling Algeria into a new crisis...
Saudi Arabian crude exports rise to 7.111 mln bpd in Sept
Saudi Arabia raised its oil exports in September by 113,000 barrels per day (bpd) to 7.111 million bpd from 6.998 million bpd in the...
Lebanon currency in free-fall amid political impasse
BEIRUT (AP) — Lebanon's currency continued its downward spiral Wednesday, reaching a new low before the dollar and raising such alarm that it prompted...
A steep oil prices crash amid virus fears
On Monday, Wall Street stocks fell 8 percent amid an oil price crash and worries about the rising economic toll from the Coronavirus epidemic.
Near...
Oil prices resume decline in Asia
Oil prices resumed their decline in Asia on Wednesday, with global crude oversupply continuing to dampen investors' sentiment despite occasional rallies.
Prices had risen the...
Oil prices rise after Saudi Arabia cuts ties with Iran
Oil prices rose in Asia Monday after crude producer Saudi Arabia cut diplomatic ties with Iran following a row over the Saudi execution of...
Oil dips in Asia amid Saudi Arabia output boost reports
Oil prices eased slightly in Asia Thursday amid reports OPEC kingpin Saudi Arabia would further raise output in August.
Prices hit five-week highs this week,...
Riyadh's $22.5 billion Metro project "on track", says governor
A $22.5 billion urban rail and bus system for the congested Saudi Arabian capital is on track, Riyadh's governor said Wednesday, as other projects...
Saudi-backed shipping line UASC resumes Iran business
United Arab Shipping Company is resuming business with Iran following the lifting of Western sanctions, despite the deep-seated political rivalry between the Islamic Republic...
