Saudi Arabia invited to Uzbek investment forum
Uzbekistan’s Ambassador Alisher Kadirov said Thursday that his country and Saudi Arabia are riding the crest of excellent bilateral ties.
“Since the establishment of diplomatic...
Oil surges to 2016 highs on reported Saudi-Russian deal
Oil prices surged Tuesday to 2016 highs on reports of an agreement between Saudi Arabia and Russia on freezing output.
US benchmark West Texas Intermediate...
Samsung Galaxy S7 may be launched this January
Samsung is reportedly moving up the launch of its next flagship smartphone, the Galaxy S7, to January in order to ramp up competition with Apple...
OPEC say Saudi comments show desire for higher oil price
OPEC delegates say comments from top exporter Saudi Arabia, which two years ago led the group to drop its historic role of supporting oil...
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...
Lebanon PM urges Saudi to reconsider aid package suspension
Lebanon's Prime Minister Tammam Salam on Friday urged Saudi Arabia to "reconsider" the suspension of a $3 billion aid package to its army to...
Al Qaeda still reaping oil profits in Yemen despite battlefield reverses
Al Qaeda may have been pushed out of the enclave it carved out in Yemen as the country descended into civil war, but the...
OPEC oil production rises in September
OPEC oil output has risen in September from the month before, a Reuters survey found, as Iraq’s northern exports recovered from disruption that had...
Venezuela sending new proposals to OPEC and non-OPEC producers
Venezuela is sending new proposals to leaders of OPEC and non-OPEC countries to stabilize the oil market, President Nicolas Maduro said in a televised...
Russian oil chief Sechin: OPEC unity effectively extinct
OPEC is effectively extinct as a united organisation and the time when it could determine global oil market conditions should be forgotten, Igor Sechin,...
