Lockheed Martin separating unit, combining it with Leidos
Lockheed Martin is separating its information systems and global solutions unit, combining it with the engineering company Leidos so that it can focus on...
Oil prices up in Asia ahead of OPEC meeting
Oil prices climbed in Asia Tuesday before a meeting of the OPEC oil cartel and a report on US commercial crude inventories which will...
Losses from oil blockade surpass $4 billion in Libya
Amid an escalation of fighting between rival forces for the capital Tripoli, losses from a protracted blockade of Libya's vital oil files and ports...
Lebanese choked by bank controls
Dozens of people line up every morning outside a bank in Lebanon's capital long before the doors open, hoping to extricate whatever little cash...
Saudi Aramco expects oil prices to rise by end of 2016
Saudi Arabia's state-owned oil giant expects oil prices will climb toward the end the year, saying the current price of around $30 a barrel...
Oil prices fall as oversupply worries return
Oil fell in Asia on Thursday, ending a brief rally stoked by news US gasoline inventories fell after OPEC kingpin Saudi Arabia shot down...
Oil prices drop despite OPEC forecast
Oil prices fell on Monday even as OPEC forecast a further tightening of supplies, as traders focused instead on turbulence across financial markets.
The Organization...
Saudi prince to discuss reform drive in visits to China and Japan
Saudi Arabia's powerful Deputy Crown Prince Mohammed bin Salman will discuss the kingdom's drive to cut its reliance on oil exports in visits to...
Oil prices hit lowest since 2004 as supply exceeds demand
Brent crude prices hit their lowest in over 11 years on Monday, hounded by a relentless rise in global supply that looks set to...
Huge personal debt raises worries in wealthy Qatar
Credit cards on the limit, huge bank borrowings and a struggle to repay loans: these are the personal debt problems of some Qataris despite...
