Friday, October 9, 2026

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...

Boeing and Iran airlines in talks on new aircraft sales

U.S. aerospace giant Boeing expressed caution Monday after executives held talks in Iran on providing new aircraft to Iranian carriers last week. Two months after...

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...

Saudi plans spending cuts, reforms to shrink budget deficit

Saudi Arabia, its finances hit by low oil prices, announced plans to shrink a record state budget deficit with spending cuts, reforms to energy...

UN moves to restrict ISIS finances

Russian President Vladimir Putin threw his support Thursday behind a US-backed measure at the UN Security Council to ramp up sanctions against ISIS and cut...

Israel sees trade with UAE at $4 billion a year

JERUSALEM, Sept 7 (Reuters) - Annual trade between Israel and the United Arab Emirates is expected to reach $4 billion, an Israeli minister said...

New Saudi oil minister believes in low prices and reform

It was January 2016 and oil prices had crashed to their lowest in more than a decade. Saudi Arabia's health minister, Khalid al-Falih, a favourite...

Oil slides on Kuwait-Saudi oilfield agreement

World oil prices sank on Tuesday after producers Saudi Arabia and Kuwait announced a deal to gradually resume production at a joint oilfield. The agreement...

52% of Saudis lack savings

A recent economic study reveals nearly one-third of Saudis suffer from an inability to strike a balance between financial expenditures and income, and achieve...

A reduction in automobile fuel subsidies amid economic crisis in Syria

In the latest government measure to tackle a deepening economic crisis, Syria's oil and mineral resources ministry announced Saturday a reduction in automobile fuel...

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