The European Union is set to unveil a package of proposed emergency measures this week including a windfall profit levy on energy firms, but countries are split over the details and whether to impose…

A tentative return of risk appetite to global stock markets and rebound in oil prices at the end of last week helped lift major Gulf equities, though they remained vulnerable to rate hikes and demand…

In the 1960s and 70s, Egypt was one of the most important and powerful countries in the cultivation of long-staple cotton when many countries all over the world imported it due to its high quality…

Oil rose on Friday supported by real and threatened cuts to supply, although crude was set for a second weekly decline as aggressive interest rate hikes and China's COVID-19 curbs weighed on the…

Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor…

European stock markets, the euro, and the pound all clawed higher on Tuesday as previously surging gas prices slipped back 10%, although government bond market costs continued to rise and Japan's yen…

European stock indexes fell on Monday, the euro dropped below 99 cents for the first time in twenty years and European gas prices surged after Russia said its main gas supply pipeline to Europe would…

Oil prices rose more than 3% on Monday, extending gains as OPEC+ producers agreed on a small oil production cut to bolster prices. Brent crude futures for November delivery rose $3.43 to $96.45 a…

Saudi Arabia's stock market ended higher on Sunday as oil prices rose ahead of Monday's OPEC+ meeting, while Qatar continued its downward trend as inflation worries and the tightening U.S. Federal…

Germany's government will use income from windfall taxes to lower end-consumer prices for gas, oil and coal, German Chancellor Olaf Scholz said on Sunday, announcing measures to mitigate the impact…