Oil prices stabilize, but supply glut concerns weigh on sentiment

Oil prices stabilized on Thursday, reversing earlier declines, but market sentiment remained cautious over concerns that a supply glut may […]

‘King dollar’ benefits from European risks, growth fears

The dollar surged to nearly 17-month highs on Monday against a basket of major currencies as investors sought out the […]

Saudi energy minister says no plans to break up OPEC

Saudi Arabia is not preparing for a break up of OPEC and believes the group will remain the global central […]

Oil rises as China reports record crude imports, but soaring U.S. output caps gains

Oil prices rose on Thursday after record Chinese crude imports eased concerns that a slowdown in the world’s No.2 economy […]

Oil prices down on Iran sanction exemptions, demand concerns

Oil prices declined on Tuesday after Washington granted sanctions exemptions to top buyers of Iranian oil, lifting supply concerns and […]

Oil rally faces tidal wave of supply

The oil market’s two-year bull run is running into one of its biggest tests in months, facing a tidal wave […]

Trump’s Iran sanctions resolve faces test from oil-thirsty China, India

Shortly after U.S. President Donald Trump announced in May he would reimpose sanctions on Iran, the State Department began telling […]

Midterm elections may deliver oddest result in decades | Bernie Sanders says Trump ‘ain’t so tough’ on Saudis

Midterm elections could have strangest result in decades: If Democrats retake the House while Republicans retain control of the Senate […]

Oil falls on oversupply worries despite Iran sanctions

Oil prices dropped more than 1 percent on Friday, heading for a third weekly loss after Saudi Arabia warned of […]

Back to the future: Saudi investor forum saved by old mainstay oil

Saudi Arabia’s investment forum was designed to showcase the kingdom’s new future away from oil, but it was black gold […]