Paris and Riyadh strategic alliance further reinforced
French Ambassador to Saudi Arabia Bertrand Besancenot said that France and KSA have a strategic partnership that is characterized today by a new momentum....
IEA: Oil price unlikely to rise much further
The price of oil is unlikely to rise much further after rallying almost 90 percent since January, as the global market shows signs of...
Virusoutbreak further damages Iran’s economy
The escalating Coronavirus outbreak in Iran - the worst-affected country in the Middle East - has killed 3,872 people and infected 62,589.
The outbreak has...
Turkmenistan and Afghanistan to lay new gas pipeline
Turkmenistan and Afghanistan have agreed to jointly launch the construction of a multi-billion dollar pipeline that will pump natural gas from Turkmenistan through Afghanistan,...
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...
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...
