Low oil prices
OPEC, non-OPEC agree first global oil pact since 2001
Business
December 11, 2016
OPEC, non-OPEC agree first global oil pact since 2001
OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a…
US energy bankruptcy wave surges despite recovering oil prices
Business
May 14, 2016
US energy bankruptcy wave surges despite recovering oil prices
The wave of U.S. oil and gas bankruptcies surged past 60 this week, an ominous sign that the recovery of…
Saudi plans stock market reforms to draw foreign money
Business
May 3, 2016
Saudi plans stock market reforms to draw foreign money
Saudi Arabia announced a string of reforms to its stock market that could attract billions of dollars of fresh foreign…
Qatar’s Al Jazeera network laying off 500 employees
Business
March 28, 2016
Qatar’s Al Jazeera network laying off 500 employees
Qatar's Al Jazeera broadcasting network is laying off about 500 employees or more than 10 percent of its staff, it…
Saudi economic shake-up shows it is planning for cheap oil
Business
December 29, 2015
Saudi economic shake-up shows it is planning for cheap oil
Saudi Arabia's planned cuts in spending and energy subsidies signal that the world's largest crude exporter is bracing for a…
Low oil prices, turmoil keeps Mideast growth ‘subdued’: IMF
Business
October 21, 2015
Low oil prices, turmoil keeps Mideast growth ‘subdued’: IMF
The International Monetary Fund said Wednesday a fall in oil prices and deepening turmoil in parts of the Middle East…