Oil rose more than 1% on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar and a dire outlook for U.S. growth.
Saudi…
Oil prices steadied on Thursday as producer group OPEC+ raised the prospects of curbing oil supplies while the prospect of an agreement that could return sanctioned Iranian oil exports to the market…
Oil prices edged up on Tuesday after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.
Brent crude futures rose 32 cents to $96.80 a barrel by 0004 GMT, after…
Oil prices were largely steady on Monday as a relatively tight global supply picture competed with fears of a recession and a rising dollar.
Brent crude futures for October settlement fell 34…
Oil prices slipped on Friday after two days of gains and are heading for weekly losses as a strong dollar and worries about a global economic slowdown weigh.
Brent crude futures were down 97 cents…
India's worst period of macro instability is possibly over, and both consumer inflation and trade deficit are expected to moderate albeit gradually, Morgan Stanley said.
"Global commodity prices…
Oil hit a six-month low on Wednesday after a brief rally as concerns about the prospect of a global recession that would weaken demand overshadowed a report showing lower U.S. crude and gasoline…
Global shares struggled to advance on Monday while investors digested news of an unexpected cut in Chinese interest rates as data pointed to faltering growth in the world's second largest economy,…
The coronavirus pandemic is having a dramatic impact on economies across the globe,but Gulf Cooperation Council (GCC) countries — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab…
The jailed Palestinian author won the International Prize for Arabic Fiction for his book, 'A Mask, the Colour of the Sky', which tells the story of a Palestinian man who finds and uses an Israeli ID
The very public disagreements between Washington and Tel Aviv over Gaza in recent weeks are both rare and telling, yet this transatlantic alliance has weathered far more severe storms
The first comprehensive regulation of AI by a major regulator assigns applications of AI to three risk categories. Offering protection while allowing for innovation provides a useful template.