The Russian ruble tumbled to its weakest against the dollar in almost a year on Tuesday, edging closer to the 80 mark, hampered by a seasonal...
Oil built on the largest gain in a year after OPEC+ delivered an unexpected and substantial production cut in a shift that tightened the global crude...
Inflation weighed on Saudi business conditions in March but non-oil firms were optimistic about the outlook thanks to rising demand, a survey published on Tuesday showed....
Virgin Orbit Holdings Inc. filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to secure the funding needed to keep...
Iraq’s federal government and the Kurdistan Regional Government (KRG) have reached a final deal to restart northern oil exports to be announced Tuesday, official sources told...
China’s recovery from the pandemic and strong demand in India will drive strong economic growth in Asia this year, the Asian Development Bank said in a...
Saudi Electricity Company , majority owned by the sovereign Public Investment Fund, is set to raise $2 billion from a sale of dual-tranche Islamic bonds, a...
Bahrain on Monday said it was introducing a new “golden license” offering benefits to companies bringing large-scale investment projects into the Gulf state.The move is part...
The Kremlin said on Monday that it was in the interests of the world energy industry to support prices for oil and oil products, a day...
Norges Bank Investment Management will vote against the re-election of Credit Suisse Chair Axel Lehmann and six other direc-tors at the Swiss lender’s annual general meeting...