Brent futures for Februaryrose 4.4 percent to $56.72 per barrel, with US crude rising 4.8 percent to $53.98 per barrel in Asian trade
Campaign launched calling for boycott of shops,restaurants which charge higher prices
Oil Minister Bijan Zanganeh meets OPEC Secretary-General Barkindo in Tehran
Commercial terms offered in previous tenders were unattractive and have kept the sector underdeveloped
‘Market fundamentals, in terms of supply and demand, have begun to improve,’ Falih said
Finding a full coverage foundation doesn’t have to cost a lot
Several producers have called for an output freeze to rein in a supply glut that triggered a price collapse
Lower-income people will be exempted from the price increase, says oil minister
Analysts expect an increase that would keep inventories at more than 80-year highs
Oil producers led by top exporters Saudi Arabia and Russia will meet in Doha, Qatar, on Sunday to discuss freezing output
Three Riyadh shops visited by Reuters said they had no cigarettes for sale and social media users reported the same in Jeddah on Saturday and Sunday
The deadly Jewish terrorist attack that left baby Ali dead was not a sudden escalation of brutal violence
The firebombing of the family's home in the occupied West Bank killed 18-month-old Ali Saad Dawabsheh
Palestinian President Abbas said he would appeal to the ICC to probe Friday's arson attack that killed a toddler
Oil prices are expected to extend a rebound thanks to improved global growth, a drop in stockpiles and fewer drilling rigs
OPEC member Libya produced almost 1.6 million barrels of oil per day (bpd) before the 2011 revolution
Some sectors, such as Dubai banks, posted strong Q1 results
Crude prices have risen around 15 percent since the beginning of April after the dip in March
U.S. crude for March delivery dropped over 3 percent to a session low of $50.64 a barrel, down almost $2 from Wednesday’s settlement
Saudi Arabia has been the driving force behind OPEC’s refusal to slash output to support oil prices
Production fell by about a third to an average 160,000 barrels per day since fighting broke out in December 2013
At an Arab oil producers’ conference in Abu Dhabi, Naimi says Saudi Arabia would not cut output to prop up oil markets
Gold, set to fall for a third week in four, has suffered from perceptions that the U.S. recovery is outpacing that of other economies.
Brent crude fell toward $84 a barrel on Tuesday, after top oil exporter Saudi Arabia cut prices to the U.S.
Rising supply, poor global economic outlook weigh on prices
Security personnel present at the event gathered footage of the incident so as to prevent its dissemination in the media
Bullion hit its highest since Oct. 31 on Tuesday at $1,332.10, having posted its biggest weekly gain since mid-August, of more than 4 percent, last week
It takes quite extreme circumstances for an Israeli Defense Minister from the Likud Party and leaders of the Jewish settlements to condemn a group of ...
Turkish consumer prices rose 0.46 percent month-on-month in December, the Turkish Statistics Institute said
Gold stood at $1,205 an ounce on the London Bullion Market Friday, representing a 27 percent drop in 2013
show you personalized advertising. To continue browsing,
please click ‘OK, I Accept’.