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 former Israeli prime minister on the aimless Gaza war, the dangers posed by the far-right, and why he believes Benjamin Netanyahu should be fired as soon as possible.
In her new book 'I Accuse', the UN Special Rapporteur on Palestine Francesca Albanese methodically lays out Israel's countless breaches of international law
A US abstention allowed the vote to pass after three previous vetoes. Since then, Israel has ignored it, and an embarrassed US downplayed its significance, calling it non-binding.
In an interview with Al Majalla, the German Arabist points out the flaws of economic globalisation, which don't necessarily embrace cultural diversity and pluralism nor advance human rights
Joe Biden, Chuck Hagel, and Colin Powell debated with Bashar al-Assad on their intent to get rid of Saddam. In part 5 of a seven-part series, Al Majalla reveals what was discussed for the first time.