Qatari state fund buys stake in NY's Empire State Building
Qatar's sovereign wealth fund has made an iconic purchase in America — a stake in the company that owns New York's Empire State Building.
The...
Saudi-Iran tensions may threaten any OPEC deal
OPEC's thorniest dilemma of the past year - at least from a purely oil standpoint - is about to disappear.
Less than six months after...
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...
US stocks fall, yields up after Fed boosts rate hike expectations
Wall Street stocks ended down on Wednesday as energy stocks turned lower on a drop in oil prices and two Federal Reserve officials said...
OECD calls for reforms to wake up growth
With little hope for the world economy picking up pace soon, governments must tackle reforms at home to kickstart growth, the OECD said on...
Cheap oil set to lose effect on demand growth: IEA
Growth in global demand for crude is set to slow next year as the allure of cheap oil fades, the International Energy Agency (IEA)...
Saudi to stick with its long-term oil strategy
Saudi Arabia's planned cuts in spending and energy subsidies signal that the world's largest crude exporter is bracing for a prolonged period of low...
Iraq preparing to push ISIS away from oil region
Kurdish Peshmerga forces, an Iran-backed Shi'ite militia and Iraq's army will launch an offensive soon to push Islamic State fighters away from the northern...
Protests amid a surge in food prices in Lebanon
Protests broke out in several parts of Lebanon on Monday amid a crash in the local currency and a surge in food prices, leading...
Bahrain MPs blast fuel price hike in heated session
A session of the Bahraini parliament broke up amid shouting and protests on Tuesday when several lawmakers, in a rare show of opposition to...
