Libyan dinar slides more amid continued political deadlock
Libya's dinar has plunged to a new low on the black market amid continued political deadlock in this oil-rich country.
Traders were selling the dinar...
Qatar energy minister wants 'fair' oil price
The oil market is slowly recovering from its steep drop over the past two years but crude is still not trading at a "fair...
Oil falls 3 percent on swelling oversupply
Oil prices fell 3 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the...
BP logs $1.4bn loss
BP faced another net loss in the second quarter but has now drawn a line under the 2010 Gulf of Mexico oil spill disaster,...
U.S. delivers 8 Black Hawks to Jordan for its anti-ISIS battle
The United States has delivered eight refurbished Black Hawk helicopters to Jordan for the kingdom's battle against Islamic State extremists.
Jordan is part of a...
Messaging app Line soars in Wall Street debut
Shares in the Asian hit messaging app Line surged 33 percent in the first day of trade in New York Thursday in a market...
Saudi floats idea to lift oil prices, Iran and Russia reject cuts
Saudi Arabia appears to have floated the idea of a global deal to balance oil markets and lift prices from around the lowest levels...
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,...
Saudi Arabia crude exports fall to 7.276m bpd in July
Saudi Arabia’s crude oil exports in July fell to 7.276 million barrels per day from 7.365 million bpd in June, official data showed.
Monthly export...
Kurdistan government needs support to plug $100 million monthly deficit
The Kurdistan Regional Government (KRG) in Iraq needs budget support to plug a monthly deficit of $100 million and would accept any conditions that...
