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Rimbo(Sweden): The UN has asked Yemen's Houthi rebels to withdraw from Hodeida as part of a ceasefire deal placing the flashpoint port city under joint...

Hong Kong: Asian markets sank on Monday as investors juggle a number of negative issues that have fuelled worries about the global outlook. The China-US...

Muscat: Commodities received a late boost after the Opec+ group managed to agree to a decent output cut; gold, meanwhile, received a bid following a weak US...

On December 1 in Buenos Aires, US President Donald Trump and his Chinese counterpart, Xi Jinping, agreed on a 90-day moratorium on increases in import...

Tehran: Iran's President Hassan Rouhani said US sanctions were "economic terrorism", as he sought to foster a united front from visiting...

Vienna: Opec members and 10 other oil producing nations, including Russia, agreed on Friday to cut output by 1.2 million barrels a day in a bid to reverse...

New York: Wall Street closed out a bruising week on an ugly note on Friday as unease over the US-China trade war prompted another sell-off, while an Opec...

It is now just ten months since China launched its oil futures contract, denominated in yuan (renminbi), on the Shanghai International Energy Exchange. In...

Vienna: Opec members and other oil-producing countries gathered in Vienna on Thursday to discuss cutting output to prop up prices, as US President Donald...

It is often said that a thousand-mile journey begins with the first step. Sure, there may be those who laugh at you, those who don’t believe in your...