China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
Five takeaways from Davos 2026
DAVOS, Switzerland, Jan 23 (Reuters) – World leaders and business executives departed from Davos after an eventful World…
Libya devalues dinar by 14.7%, second cut in less than a year
Jan 18 (Reuters) – Libya’s central bank announced a 14.7% devaluation of the dinar on Sunday, setting the…
US FDA requests removal of suicide warnings from weight-loss drug labels
Jan 13 (Reuters) – The U.S. health regulator asked drugmakers on Tuesday to remove label warnings about a…
HSBC launches UAE asset management business to tap into wealth influx
DUBAI, Jan 12 (Reuters) – HSBC (HSBA.L), opens new tab is opening an asset management business in the…
Oil dips on ample supply outlook, market weighs Venezuelan output
SINGAPORE, Jan 6 (Reuters) – Oil prices fell on Tuesday on expectations of ample global supply amid weak…
US draws bulk of state-owned investment in 2025 as assets hit record $60 trillion
US receives 48% of state-owned investments (SOI) in 2025 Gulf countries have pledged billions to US investments SOI…
Oil up as market weighs strong US economic growth, supply risks
US economy grew faster than expected in the third quarter US might keep or sell seized Venezuelan oil,…
Qatar bets on cheap power to catch up in Gulf AI race
Qatar seeks to catch up with Saudi Arabia, UAE in Gulf AI race Qatar’s cheaper energy, deep pockets…
Oil prices stable as Venezuelan supply disruptions balance surplus concerns
Brent, WTI prices steady after 4% losses last week Venezuelan oil exports down sharply since US seizure of…
Eurovision faces major test as countries weigh Israel’s participation
EBU members to discuss Israel’s participation, with a vote possible Slovenia, Ireland, Spain, Netherlands threaten boycott over Israel’s…
New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says
Item 1 of 2 Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman attends a session of the St.…