NEW YORK: OPEC and Russia are working on a long-term deal to cooperate on oil supply curbs that could extend controls over world oil supplies by major...
TEHRAN: Hopes that Iran would quickly reintegrate with world markets after its nuclear deal, bringing investment and opportunities to a young population, are...
OCCUPIED JERUSALEM: The entrances to Jerusalem’s walled Old City are sealed off by Israeli police and the streets of occupied East Jerusalem are littered with...
BEIRUT: Prime Minister Tammam Salam believes a deal settling the Iranian nuclear dispute could help pave the way towards ending the political deadlock that...
CAIRO: Abdel-Fattah al-Sisi, the general who ousted an elected Islamist president and is set to become Egypt’s next head of state, called on the United States...
LONDON: Royal Dutch Shell is struggling to pay off $1 billion that it owes Iran for crude oil because European Union and U.S. financial sanctions now make it...
LONDON: Top oil producer Saudi Arabia increased exports sharply in the past week and is offering extra supplies to its biggest customers worldwide in what...
DOHA/LONDON: OPEC oil producers, at odds over supply policy since June, look set at a mid-December meeting to agree a new production target that legitimises...
WASHINGTON/LONDON: It was to be a swap felt around the world – a plan privately discussed by the world’s largest oil exporter and the biggest consumer to take...
VIENNA: OPEC officials dismissed suggestions Thursday that the 50-year-old oil cartel was in danger of extinction after it failed to do a deal on output to...