Kuwait and Iraq say OPEC will not cut output alone
The Kuwaiti and Iraqi oil ministers said Tuesday that OPEC will not cut production unless producers outside the cartel do the same, despite the...
Saudi considering lifting export curbs on cement, steel
Saudi Arabia is considering lifting partial export bans on cement and steel to relieve oversupply in the local market, economic news website al-Eqtisadiah quoted...
Lebanese financial crisis amid protesters-police clashes
On Monday, Lebanese protesters hurled rocks and metal barricades at security forces blocking a road near parliament.
These clashed happens amid a budget debate as...
German business confidence unfazed by Paris attacks
German business confidence bounced back in November as Europe's top economy shrugged off global uncertainty and the deadly assault in Paris, a leading economic...
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 bourse regulator tightens curbs on anonymous investors
Saudi Arabia's market regulator has further tightened its restrictions on anonymous investors trading shares through brokers, citing the need to prevent money laundering and...
World Bank: Slowing emerging markets hamper oil recovery
The World Bank warned Tuesday that slowing emerging-market economies were hampering an oil recovery, and prices could sink further in a blow to a...
Oil prices rise despite U.S. inventory increase
Reversing intraday losses, oil prices settled higher Wednesday despite a government report that showed U.S. commercial crude oil inventories rose a higher-than-expected 4.67 million barrels last week.
The turnaround...
Hello Kitty owner Sanrio says fan site security leak fixed
The Japanese company that owns the Hello Kitty brand said it has fixed a security leak in an online fan site for the famous...
Oil prices rise
The oil market rose on Friday but gains were limited by the global supply glut and after the US Federal Reserve hinted at a...
