DUBAI (Reuters) – Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per day (bpd), while keeping its output “well below” 10 million bpd, a Saudi official said on Monday, as the kingdom seeks to drain a supply glut and support ... More »
SINGAPORE (Reuters) – Oil prices rose on Monday, lifted by comments from Saudi oil minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June and a report showing a fall U.S. drilling activity. U.S. West Texas Intermediate (WTI) crud... More »
BEIRUT (Reuters) – Lebanese artist Christina Atik has produced a series of digital pictures to illustrate sentences commonly used in Arab countries to criticize women with the aim of empowering Arab women. The project tackles issues of female freedom, beauty a... More »
LONDON (Reuters) – Saudi Aramco’s chief executive said on Tuesday the oil industry is facing “a crisis of perception” and the views of some observers that the end of oil is near with the rise of electric vehicles are illogical and not based on fact. Amin Nasse... More »
ABU DHABI (Reuters) – White House adviser Jared Kushner is visiting U.S.-allied Gulf Arab states to seek support for a long-awaited peace proposal for the Middle East that he said would require concessions from both Israelis and Palestinians. Kushner, who is U... More »
WASHINGTON (Reuters) – U.S. senators said on Monday a Trump administration briefing had not changed opinions on the need to push back at Saudi Arabia over the murder of journalist Jamal Khashoggi and its conduct in the war in Yemen, and predicted a Senate vote... More »
SEOUL (Reuters) – State-owned Saudi Aramco plans to invest up to $1.6 billion for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude oil. Saudi Aramco is already the biggest sha... More »
RIYADH (Reuters) – Agreements worth 235 billion riyals ($63 billion) were signed on Monday on the sidelines of a Saudi Arabian industrial development conference in the Saudi capital Riyadh, said Al Arabiya TV. No details were available on the nature of the agr... More »
RIYADH (Reuters) – The Saudi Arabian government will spend 100 billion riyals ($27 billion) in 2019 and 2020 as part of its industrial development program, Aabed Abdullah al-Saadoun, deputy minister of Energy, Industry and Mineral Resources said on Monday Sour... More »
ABU DHABI (Reuters) – ACWA Power is considering supporting the manufacturing of solar panels in Saudi Arabia, its chief executive said, as the power and water plants developer seeks to facilitate Saudi Arabia’s plans to develop its renewable power industry. Sa... More »
SYDNEY/BANGKOK (Reuters) – The United Nations has asked Australia to consider refugee resettlement for an 18-year-old Saudi woman who fled to Thailand saying she feared her family would kill her, the Australian government said on Wednesday. Rahaf Mohammed al-Q... More »
ADEN (Reuters) – The head of a United Nations advance team tasked with monitoring a ceasefire between the Iranian-aligned Houthi group and Saudi-backed government forces in Yemen’s Hodeidah has arrived in Yemen, U.N. and local officials said on Saturday. The s... More »
DUBAI (Reuters) – Iran’s elite Revolutionary Guards launched war games in the Gulf on Saturday, state television reported, after a U.S. aircraft carrier entered the waterway amid rising tension with Washington over reimposed U.S. sanctions. Television showed a... More »
LONDON (Reuters) – Oil fell on Monday, in line with further declines in global stock markets, erasing the gains made last week when producer group OPEC and other key exporters agreed to cut their crude output from January. Brent crude oil futures fell $1.02 on... More »
LONDON (Reuters) – Qatar’s decision to quit OPEC shows the frustration of small producers at the dominant role of a Saudi and Russia-led panel, a top Iranian official said, adding that any supply cuts should come only from countries that had increased output. ... More »
CAIRO (Reuters) – Saudi Crown Prince Mohammed bin Salman left Algeria after an official visit that started on Sunday night, Saudi state TV reported on Monday. Prince Mohammed arrived in Algeria from Mauritania, resuming his tour of Arab countries after attendi... More »
NEW YORK (Reuters) – Oil prices jumped by more than 3 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada’s Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply.... More »
DOHA (Reuters) – Qatar said it will quit OPEC to focus on gas in a swipe at Saudi Arabia, the de facto leader of the oil exporting group which is trying to show unity in tackling an oil price slide. Doha, one of OPEC’s smallest oil producers but the world’s bi... More »
DUBAI (Reuters) – Middle East ride-hailing company Careem said on Monday it had launched a bus-booking service in Egypt and would soon expand it into Saudi Arabia and Pakistan. Users of the ‘Careem Bus’ app select their pick-up and drop-off location and track ... More »
WASHINGTON (Reuters) – The Trump administration is quietly pushing ahead with a bid to create a new security and political alliance with six Gulf Arab states, Egypt and Jordan, in part to counter Iran’s expansion in the region, according to U.S. and Arab offic... More »
LONDON (Reuters) – Iran’s vice president acknowledged on Tuesday that U.S. sanctions would hurt the economy, but promised to “sell as much oil as we can” and protect banking. Eshaq Jahangiri said Washington was trying to stop Iran’s petrochemical, steel and co... More »
CALGARY, Alberta (Reuters) – The president of OPEC defended the oil producer group on Monday against U.S. President Donald Trump’s recent demands for higher oil output, saying OPEC does not shoulder the blame. “OPEC alone cannot be blamed for all the problems ... More »
LONDON (Reuters) – Oil slipped below $77 a barrel on Friday, under pressure from higher Saudi production and trade tensions between the United States and China, despite support from oil supply disruptions. Top exporter Saudi Arabia told OPEC it raised oil outp... More »
LONDON (Reuters) – Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States. Benchmark Brent crude oil LCOc1 fell $1.24 a barrel to a low of $77.99 be... More »
NIZHNY NOVGOROD, Russia (Reuters) – Talisman Mohamed Salah’s shoulder injury loomed like a dark cloud over Egypt’s World Cup campaign as they were quickly eliminated despite harboring high hopes of making an impact on their return to the finals after a 28-year... More »
(Reuters) – Attacking midfielder Leroy Sane was a surprise omission from Joachim Loew’s final Germany squad for the World Cup finals on Monday as goalkeeper Manuel Neuer was named among the 23 players heading to Russia for the defending champions. Neuer made t... More »
LONDON (Reuters) – Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains showed no sign of slowing. Brent crude futures LCOc1 stood at $75.32 a barrel at 1805 GMT, down $1.12 from the previo... More »
LONDON (Reuters) – Oil rose on Monday, lifted by a rally across stocks and other commodities, after the United States said it had put a possible trade war with China “on hold”. Brent crude futures were up 35 cents at $78.86 a barrel at 0845 GMT, having hit a h... More »
WASHINGTON (Reuters) – U.S. President Donald Trump demanded on Twitter on Sunday that the Justice Department look into whether his 2016 presidential campaign was infiltrated or surveilled by the agency or the FBI under the Obama administration. Trump’s simmeri... More »
WASHINGTON (Reuters) – The U.S. Justice Department asked its inspector general to expand a review of the National Security Agency’s surveillance application process to determine if political motivations affected the FBI’s probe of Russian interference in the 2... More »
WASHINGTON (Reuters) – Donald Trump Jr., the U.S. president’s eldest son, met in August 2016 with an envoy representing the crown princes of United Arab Emirates and Saudi Arabia. The meeting was first reported by the New York Times on Saturday and confirmed b... More »
BEIRUT (Reuters) – The Iran-backed Shi’ite group Hezbollah and its political allies won more than half the seats in Lebanon’s first parliamentary election in nine years, according to unofficial preliminary results cited by politicians and Lebanese media. The r... More »
SINGAPORE (Reuters) – U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude climbed to fresh highs, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply. The ... More »
JEDDAH, Saudi Arabia (Reuters) – Saudi Arabia’s main sovereign wealth fund will set up a network of entertainment centers across the kingdom as the government tries to jump-start a domestic leisure industry, the chairman of the company carrying out the plan sa... More »
BEIRUT (Reuters) – President Donald Trump is expected to pull the United States out of the Iran nuclear agreement on May 12. Tehran signed the Joint Comprehensive Plan of Action, with China, France, Germany, Russia, Britain, and the United States in 2015. Iran... More »
ANKARA (Reuters) – Iran’s foreign minister said on Thursday U.S. demands to change its 2015 nuclear agreement with world powers were unacceptable as a deadline set by President Donald Trump for Europeans to “fix” the deal loomed. Trump has warned that unless E... More »
RIYADH (Reuters) – A Saudi Arabian court began the trial of two Jordanians accused of spying against the kingdom for Israel’s Mossad intelligence agency, Saudi-owned al-Arabiya said on Monday. The charges under consideration by the Specialized Criminal Court i... More »
DUBAI (Reuters) – Prince Alwaleed bin Talal’s Kingdom Holding 4280.SE and its partners have agreed to sell Movenpick Hotels and Resorts to its associate firm AccorHotels (ACCP.PA). The deal is expected to close in the second half of 2018, Kingdom Holding said ... More »
SINGAPORE (Reuters) – Oil prices dipped on Monday after a rising rig count in the United States pointed to higher production there, but markets held near their highest in over three years and remained set for a second straight month of gains. Oil prices were s... More »
(Reuters) – Japanese two-way player Shohei Ohtani will not make his scheduled start for the Los Angeles Angels against the Baltimore Orioles on Tuesday due to his ankle injury, the team said. Ohtani sustained a left ankle injury while trying to beat out an inf... More »
TEL AVIV (Reuters) – The United States is deeply concerned by Iran’s “destabilizing and malign activities”, new Secretary of State Mike Pompeo said after meeting Israeli Prime Minister Benjamin Netanyahu on Sunday. The former CIA director was speaking on a fly... More »
RIYADH (Reuters) – Secretary of State Mike Pompeo arrived in Saudi Arabia on Saturday on a hastily-arranged visit to the Middle East as the United States aims to muster support for new sanctions against Iran. The visit to Riyadh, Jerusalem and Amman just two d... More »
BRUSSELS (Reuters) – A day after being sworn in as the new U.S. Secretary of State, Mike Pompeo landed in Brussels for talks with key allies in Europe on heightened Russian aggression and ways to strengthen the NATO military alliance. Pompeo, a former Army off... More »
RIYADH (Reuters) – Syria’s chief opposition negotiator said the United States cannot afford to leave Syria as it has yet to achieve any of its goals in the region, even though President Donald Trump said recently Washington would withdraw its troops. “I person... More »
LONDON (Reuters) – Oil eased on Monday on rising U.S. borrowing costs and the prospect of further output rises after another increase in the weekly rig count, although the overall picture for crude remained bullish. Brent crude futures were down 49 cents at $7... More »
LONDON (Reuters) – Oil recovered some ground on Monday, but prices were still down on the day as investor concern waned about escalating tensions in the Middle East following air strikes on Syria over the weekend. The United States, France and Britain launched... More »
(Reuters) – Senior scholars in Islamic finance are exploring ways to prevent legal disputes that have roiled the industry, with new rules aiming to clarify responsibilities, while others raise the prospect of penalties for their peers. The discussions are part... More »
SINGAPORE (Reuters) – Oil markets rose for a second day on Tuesday, with Brent rising above $69 per barrel on hopes a trade dispute between the United States and China, the world’s two biggest crude consumers, may be resolved without greater damage to the glob... More »
WASHINGTON (Reuters) – A fossil finger bone dating back about 90,000 years that was unearthed in Saudi Arabia’s Nefud Desert is pointing to what scientists are calling a new understanding of how our species came out of Africa en route to colonizing the world. ... More »
MOSCOW (Reuters) – Russian President Vladimir Putin will make a two-day visit to Turkey from Tuesday where he will meet his Turkish counterpart Tayyip Erdogan and Iranian President Hassan Rouhani, the Kremlin said on Monday. Putin and Erdogan will also officia... More »
LONDON (Reuters) – Oil rose towards $70 a barrel on Monday, lifted by a drop in drilling activity in the United States and concerns that Washington could reintroduce sanctions against Iran. U.S. drillers cut seven oil rigs in the week to March 29, bringing the... More »
SINGAPORE (Reuters) – The Philippines competition watchdog said on Monday it is looking at whether the deal by Uber Technologies [UBER.UL] to sell its Southeast Asia business to rival Grab will substantially reduce competition. “The Grab-Uber acquisition is li... More »
SINGAPORE (Reuters) – Top oil exporter Saudi Arabia is expected to cut prices for all crude grades it sells to Asia in May to reflect weaker prices for its Middle East benchmark Dubai crude, trade sources said on Monday. The official selling price (OSP) for fl... More »
LONDON (Reuters) – Brent oil lingered below this week’s highs on Thursday, as optimism over OPEC’s commitment to controlling its output was partly offset by another rise in U.S. inventories. The oil price touched $71 a barrel on Tuesday, near its high for the ... More »
FILE PHOTO: A general view shows the al-Shuaiba oil refinery in southwest Basra, Iraq April 20, 2017. REUTERS/Essam Al-Sudani LONDON (Reuters) – Oil prices fell on Monday on expectations that U.S. output will rise this year, erasing earlier gains buoyed by low... More »
Iranian President Hassan Rouhani shakes hands with French Foreign Affairs Minister Jean-Yves Le Drian, in Tehran, Iran, March 5, 2018. President.ir/Handout via REUTERS TEHRAN (Reuters) – After a day of tough talking in Tehran on Monday, France’s foreign minist... More »
A pump jack is seen at sunset near Midland, Texas, U.S., on May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder LONDON (Reuters) – U.S. shale oil output is set to surge over the next five years stealing market share from OPEC producers and moving t... More »
DUBAI (Reuters) – The Arab world’s largest private broadcaster has been ordered to stop airing Turkish television programs, it said on Monday, as tensions rise between Ankara and some Arab states. Turkish soap operas in particular are a big hit across the Midd... More »
A Russian soldier is seen at Wafideen camp in Damascus, Syria March 1, 2018. REUTERS/Omar Sanadiki MOSCOW (Reuters) – The Russian military said a five-hour truce had begun in Syria’s Eastern Ghouta on Friday, the fourth such truce in as many days, the Interfax... More »
A bee is seen on a flower in a forest near the village of Berezhok, north of Minsk, July 23, 2014. REUTERS/Vasily Fedosenko LONDON (Reuters) – Wild bees and honeybees are put at risk by three pesticides from a group known as neonicotinoids, Europe’s food safet... More »
FILE PHOTO: A view shows Saudi Aramco’s Abqaiq oil facility in eastern Saudi Arabia in this undated handout photo. Saudi Aramco/Handout via REUTERS LONDON (Reuters) – Oil steadied around its highest prices in three weeks on Monday, supported by comments from S... More »
People attend the jazz festival in Riyadh, Saudi Arabia February 23, 2018. REUTERS/Faisal Al Nasser RIYADH (Reuters) – Men and women swayed to music at Saudi Arabia’s first-ever jazz festival on Friday, the second of a three-day outdoor event that showcases th... More »
FILE PHOTO: A view shows Saudi Aramco’s Wasit Gas Plant, Saudi Arabia December 8, 2014. Saudi Aramco/Handout/File Photo via REUTERS LONDON (Reuters) – It’s the burning question in the oil industry: when will Saudi Arabia pull the trigger on the Aramco stock ma... More »
An employee shows the logo of ride-hailing company Careem on his mobile in his office in the West Bank city of Ramallah July 17, 2017. Picture taken July 17, 2017. REUTERS/Mohamad Torokman DUBAI (Reuters) – Careem, a Middle East competitor to Uber Technologies... More »
NEW YORK (Reuters) – New York-based Paulson & Co, led by longtime gold bull John Paulson, kept its stake in gold investments during the fourth quarter of 2017, while other heavyweights including Soros Fund Management LLC, Jana Partners LLC and Caxton Corp all ... More »
FILE PHOTO: Saudi Arabian billionaire Prince Alwaleed bin Talal sits for an interview with Reuters in the office of the suite where he has been detained at the Ritz-Carlton in Riyadh, Saudi Arabia January 27, 2018, REUTERS/Katie Paul /File Photo DUBAI (Reuters... More »
FILE PHOTO: Russian President Vladimir Putin delivers a speech while attending the Forum of Small Towns and Historical Settlements in the town of Kolomna, south of Moscow, Russia January 17, 2018. REUTERS/Alexander Nemenov/Pool MOSCOW (Reuters) – Russian Presi... More »
Qatar’s Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani in Doha, Qatar October 22, 2017. REUTERS/Alex Brandon/Pool DAVOS, Switzerland (Reuters) – Qatar is confident that it can host a successful World Cup in 2022 and preparations are fully on track a... More »
Saudi men stand next to camels as they participate in King Abdulaziz Camel Festival in Rimah Governorate, north-east of Riyadh, Saudi Arabia January 19, 2018. Picture taken January 19, 2018. REUTERS/Faisal Al Nasser AL-RUMAHIYA, Saudi Arabia (Reuters) – The dr... More »
FILE PHOTO: A gas station attendant pumps fuel into a customer’s car at a gas station in Shanghai, China November 17, 2017. REUTERS/Aly Song/File Photo SINGAPORE (Reuters) – Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that coopera... More »
LONDON (Reuters) – Iranian warplanes warned off two “coalition vessels” during military drill in waters off the country’s southeast, an Iranian general was quoted as saying by Tasnim news agency on Monday. “This morning and in the early hours of the military d... More »
Russian Foreign Minister Sergei Lavrov speaks during his annual news conference, with Foreign Ministry spokeswoman Maria Zakharova seen in the background, in Moscow, Russia January 15, 2018. REUTERS/Sergei Karpukhin MOSCOW (Reuters) – Russian Foreign Minister ... More »
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo BERLIN (Reuters) – German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial ... More »
FILE PHOTO: An offshore oil platform is seen in Huntington Beach, California, U.S. September 28, 2014. REUTERS/Lucy Nicholson/File Photo LONDON (Reuters) – Oil prices fell on Friday after hitting a three-year high of more than $70 a barrel the previous day, bu... More »
FILE PHOTO – Buildings are seen on a coast line in Doha, Qatar, June 15, 2017. REUTERS/Naseem Zeitoon DUBAI (Reuters) – Qatar has filed a complaint to the United Nations about an alleged violation of its airspace in December by an Emirati military aircraft, st... More »
A gas station attendant pumps fuel into a customer’s car at PetroChina’s petrol station in Beijing, China, March 21, 2016. REUTERS/Kim Kyung-Hoon SINGAPORE (Reuters) – Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts l... More »
FILE PHOTO: A chess player looks at the board during a game against Israeli grandmaster Alik Gershon at Rabin Square in Tel Aviv, October 21, 2010. REUTERS/Nir Elias/File Photo ATHENS (Reuters) – Israeli players have been denied visas to participate in a speed... More »
FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma, U.S., September 15, 2015. REUTERS/Nick Oxford/File Photo SINGAPORE (Reuters) – Oil prices on Friday dipped away from some of their highest levels ... More »
French President Emmanuel Macron arrives to attend the EU summit in Brussels, Belgium, December 14, 2017. REUTERS/Eric Vidal BRUSSELS (Reuters) – If European leaders earned points for the amount of time they spend at summits, French President Emmanuel Macron w... More »
LONDON (Reuters) – Sudan’s president is wanted for crimes against humanity, the economy has lost much of its oil output and the government is in arrears with the IMF. And yet Osama Faisal’s target of boosting foreign investment tenfold is not quite as daunting... More »
FILE PHOTO – A pumpjack brings oil to the surface in the Monterey Shale, California, U.S. April 29, 2013. REUTERS/Lucy Nicholson/File Photo SINGAPORE/LONDON (Reuters) – Oil prices edged up on Friday, lifted by the Forties pipeline outage in the North Sea, ongo... More »
DUBAI (Reuters) – Saudi Arabia said on Monday that public cinemas would be allowed in the conservative kingdom and the first cinemas were likely to open early next year. “As the industry regulator, the General Commission for Audiovisual Media has started the p... More »
ABU DHABI (Reuters) – Abu Dhabi’s state investor, Mubadala [MUDEV.UL], has made 15 to 16 investments in Silicon Valley as part of a partnership with Softbank Group, deputy group CEO, Waleed al-Muhairi, told a conference in Abu Dhabi. Mubadala has committed $15... More »
FILE PHOTO – “Salvator Mundi,” an ethereal portrait of Jesus Christ which dates to about 1500, the last privately owned Leonardo da Vinci painting, is on display for the media at Christie’s auction in New York, NY, U.S., October 10, 2017. Courtesy Christie’s N... More »
FILE PHOTO: Hezbollah and Syrian flags flutter on a military vehicle in Western Qalamoun, Syria August 28, 2017. REUTERS/Omar Sanadiki/File Photo PARIS (Reuters) – Major powers will try to shore up Lebanon’s stability on Friday by pushing Saudi Arabia and Iran... More »
French President Emmanuel Macron speaks during a news conference in Doha, Qatar December 7, 2017. REUTERS/Naseem Zeitoon PARIS (Reuters) – French President Emmanuel Macron called on all foreign powers to stop interfering in Lebanese politics and urged all Leba... More »
FILE PHOTO – A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson SINGAPORE (Reuters) – Oil prices were stable on Friday as the weight of a strengthening U.S. dollar was countered by China’s relentless thirst for... More »
FILE PHOTO: Members of Christie’s staff pose for pictures next to Leonardo da Vinci’s “Salvator Mundi” painting in London, October 24, 2017. REUTERS/Peter Nicholls/File Photo ABU DHABI (Reuters) – The new branch of the Louvre in Abu Dhabi will exhibit Leonardo... More »
A driver looks at the price as he fills the tank of his car at a gas station in Shanghai, China November 17, 2017. REUTERS/Aly Song TOKYO (Reuters) – Oil fell on Monday after U.S. shale drillers added more rigs last week, but prices still held close to their h... More »
A display featuring missiles and a portrait of Iran’s Supreme Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Picture taken September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS BEIRUT (Reuters) – France s... More »
A oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017 . REUTERS/Christian Hartmann LONDON (Reuters) – Oil prices rose on Friday, following an agreement by OPEC and other major producers to extend output curbs until the end... More »
FILE PHOTO: Equipment used to process carbon dioxide, crude oil and water is seen at an Occidental Petroleum Corp enhanced oil recovery project in Hobbs, New Mexico, U.S. on May 3, 2017. Picture taken on May 3, 2017. REUTERS/Ernest Scheyder/File Photo SINGAPOR... More »
DUBAI (Reuters) – Some Arab states are trying to destabilize Qatar’s riyal but efforts to drive down its value could backfire by hurting other dollar-linked currencies in the region, a Qatari central banker said. Khalid Alkhater, currently in Britain on leave ... More »
FILE PHOTO: Saudi Crown Prince Mohammed bin Salman attends the Future Investment Initiative conference in Riyadh, Saudi Arabia October 24, 2017. REUTERS/Hamad I Mohammed/File Photo DUBAI (Reuters) – Saudi Arabia’s powerful Crown Prince called the Supreme Leade... More »
LONDON (Reuters) – Women weightlifters from Iran will be allowed to compete internationally for the first time, the president of the country’s weightlifting federation said on Thursday. In a sign of changing attitudes, Saudi Arabia also confirmed the setting u... More »
LONDON (Reuters) – Sovereign wealth funds (SWFs) withdrew more money from global stock and bond markets in the third quarter of 2017, albeit at a slower pace with net outflows of $3.7 billion, data from research firm eVestment showed on Thursday. This was down... More »
FILE PHOTO: A boat is seen close to oil installations at Lake Maracaibo in Cabimas, Venezuela October 5, 2017. Picture taken October 5, 2017. REUTERS/Isaac Urrutia HOUSTON/DUBAI (Reuters) – As Venezuela’s dilapidated energy sector struggles to pump enough crud... More »
Men work for Iraqi Drilling Company at Rumaila oilfield in Basra, Iraq, May 11, 2017. REUTERS/Essam Al-Sudani SINGAPORE (Reuters) – Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting at the end of t... More »
Oil prices fell on Tuesday as the prospect of further rises in U.S. output undermined ongoing OPEC-led production cuts aimed at tightening the market. More »
The European Union on Monday urged Saad al-Hariri to return to Lebanon, calling on all political forces inside the country to focus on the domestic agenda and warning Saudi Arabia against meddling. More »
