A steep oil prices crash amid virus fears
On Monday, Wall Street stocks fell 8 percent amid an oil price crash and worries about the rising economic toll from the Coronavirus epidemic.
Near...
OPEC nations plan to join U.N. climate drive
OPEC members Iran and Saudi Arabia, the top greenhouse gas emitters yet to submit national strategies for tackling climate change, say they will do...
OPEC announces cheap oil taking longer to subdue rival suppliers
Saudi Arabia tells OPEC it trimmed output in July and Further raises 2015 non-OPEC oil supply forecast * Points to larger 2.28 mbpd supply...
Rebound-hopes in Asian markets following virus impact
As hopes the deadly new Coronavirus will have only a short-term impact on corporate earnings and economic growth prevailed, Asian markets rebounded Wednesday.
US and...
Saudi-US companies sign several cooperation pacts
A number of economic agreements and partnerships were signed between Saudi companies and establishments and their American counterparts during the Saudi-American Investment Forum organized...
Biggest 2016 risk may be the one just behind us: Oil
The biggest financial risk in 2016 may be the one that's been on stage all year.
In Britain's popular Christmas pantomime shows, audiences scream out...
Oil prices mixed in Asia ahead of US inventories report
Oil prices were mixed in Asia Tuesday as investors waited for data on US crude stockpiles expected to further underscore a global supply glut.
Prices...
Oil prices subdued in Asia after touching 2016 highs
Oil prices dipped in Asia on Thursday as investors locked in profits after the previous day's surge to six-month highs that was fuelled by...
In Kuwait, IMF's Lagarde touts power of Islamic finance
The head of the International Monetary Fund says Islamic finance offers the possibility of extending banking services to many who are underserved in the...
U.S. Secretary Kerry offers support to struggling Tunisia
U.S. Secretary of State John Kerry is in Tunisia for economic and security talks to show support for the North African nation's fledgling democracy.
Kerry...
