Saudi under OPEC pressure to prevent oil price collapse
OPEC likely to renew 30 mln bpd output target; Extra Saudi oil has lifted actual supply to 31.6 mbpd; some fear price collapse if Saudi doesn't cut back
June 13, 2012 5:48
Qatar plans to spend $49 billion in 2012/13 – QNA
Qatar set its budget with expenditures of 178 billion riyals ($49 billion) for the new fiscal year of 2012/13 and revenue of 206 billion riyals, the state news agency QNA reported.
May 29, 2012 6:01
Saudi to fill “perceived or real” oil supply gap
Top oil exporter Saudi Arabia stands ready to fill any oil supply gap - "perceived or real" - as oil prices rally on fears of a potential loss of Iranian output.
March 14, 2012 1:33
Oil slips under $125 on growth concerns
Oil prices fell on Monday, snapping four days of gains as worries over supplies from the Middle East eased and investors focused on the health of the global economy and fuel demand.
March 12, 2012 2:04Iran says oil would go over $250 if exports banned
Iran's Foreign Ministry believes that if the West seriously considered blocking Tehran's ability to export oil, the global price of crude would more than double, Foreign Ministry spokesman Ramin Mehmanparast was quoted as saying on Sunday.
December 4, 2011 1:43UAE cites $80-$100 “reasonable” oil price
UAE oil min Hamli says $80-$100 oil is reasonable; UAE not cutting back on extra output yet
October 31, 2011 10:54Iran official sees West’s troubles curbing oil price
Iran says international crude oil prices will not rise with the onset of the cold season due to the continuing global economic slump, state broadcaster IRIB quoted an official on Saturday as saying.
September 17, 2011 3:38
World’s biggest economies remain on rocky ground
The world’s two biggest economies (China, US) are not showing good economic data while sovereign debt in Europe adds to mounting concern. Is recession getting its second wind?
July 11, 2011 11:54
India, China growth may be derailed by high oil prices – IEA
India and China have economic staying power that’s got everyone cooing for their attention. But energy agency chief says oil price hike and absence of alternatives could spell ‘bad news’.
June 21, 2011 2:04
Oil price shock could re-rank emerging markets
Investors focus on oil, geopolitics as protests shift; Russia, Kazakhstan, Venezuela seen gaining; Turkey, Chile, Israel look vulnerable.
March 8, 2011 2:21Oil slips as market eyes possible MidEast, N. Africa peace plan
U.S. oil futures fell 65 cents to $101.55 per barrel.
March 3, 2011 10:45BNP Paribas sharply raises oil price forecast
The bank said it expected U.S. crude to average $105 a barrel.
February 24, 2011 12:24OPEC could call emergency meeting if needed-Kuwait
OPEC could call an emergency meeting if required by disruption to oil supply .
February 22, 2011 1:44
Bahrain unrest could trigger oil price hike
Unrest in Bahrain continues to push up the price of oil. The BBC’S Brian Milligan has the story.
February 20, 2011 4:05
Unrest in Egypt unsettles the oil market
The BBC's Jon Bithrey investigates how the uprising in Egypt is pushing up the price of oil.
February 2, 2011 1:31
Qatar Should Consider More Flexible Exchange Rate - Central Banker
As the World Cup draws closer, Qatar's fiscal spending, its only policy tool, may become difficult to restrict.
May 21, 2013 4:23
Yahoo: 'we promise not to screw it up'
The search engine giant confirms its purchase of popular blogger site.
May 21, 2013 2:52
Arabtec workers: strike will continue
Employees say no promises for higher wages have yet been made.
May 21, 2013 11:57
A maid's wage
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43