Oil stages modest rebound
Oil rebounded on bargain-buying Wednesday after the previous day's plunge but analysts warned any gains would be limited as the global glut showed no...
Oil prices bounce back on eve of OPEC meeting
Oil prices bounced back in Asia Thursday but trading was cautious on signs the OPEC cartel is divided ahead of a meeting on whether...
Oil prices give up gains ahead of Federal Reserve move
Oil prices retreated in Asian trade on Wednesday following fresh indications of growing oversupply ahead of the US Federal Reserve's long-awaited decision on interest...
Iraq asks BP to study developing Kirkuk oilfields
Iraq has asked British energy giant BP to draft a study on boosting production in all the oilfields of northern Kirkuk province, Oil Minister...
Apple to show off new iPhones with T.V display
With its highly profitable iPhone due for an upgrade, Apple is expected to unveil a pair of new handsets at an event in San...
A 500 mln dinar increase in Kuwait ministries budget
Following the Coronaviurs outbreak, state news agency (KUNA) reported that Kuwait's cabinet approved a bill on Monday to increase the budget of ministries and...
Saudi banks still strong despite oil slump
Saudi Arabian banks' financial cushion and the government's commitment to keep spending should enable them to weather a prolonged slump in oil prices, even...
Shell and BG shareholders to vote on merger
Royal Dutch Shell and BG Group shareholders are expected to vote on the merger of the two companies on Jan. 27 and 28, respectively,...
Oil prices up in Asia but uncertainty over Brexit remain
World oil prices rebounded in Asia Tuesday on bargain hunting but tremors from Britain's shock vote last week to leave the European Union continue...
Libya says oil production up at 300,000 bpd
Crude production in oil-rich but conflict-ridden Libya is now more than 300,000 barrels per day since a new terminal opened in the east, the...
