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London: Saudi Arabia pulled out of planned talks with non-Opec nations including Russia as disagreements about how to share the burden of supply cuts stood...

Beirut: Extending US sanctions on Iran for 10 years would breach the Iranian nuclear agreement, Iran Supreme Leader Ayatollah Khamenei said on Wednesday,...

Riyadh: Saudi Arabia’s dominance of Organisation of Petroleum Exporting Countries (Opec) isn’t what it once was. Iraq and Iran, shaking off shackles of...

Saudi Arabia’s dominance of Organisation of Petroleum Exporting Countries (Opec) isn’t what it once was. Iraq and Iran, shaking off shackles of...

WASHINGTON: The United States has issued a license to France's Airbus for the sale of 106 commercial planes to Iran Air, Iran's flagship carrier, a...

Singapore: Oil surged for a third day on signs Organisation of Petroleum Exporting Countries (Opec) members have made progress toward finalising a deal to...

Beijing: China said on Monday it was willing to consider any application from NATO-member Turkey to join a Russian and Chinese-led security bloc, after...

Baghdad: Iraq, Organisation of Petroleum Exporting Countries’ (Opec) second-biggest producer, will offer proposals this month to help the producer group...

London: Opec says it’s close to a deal to cut oil output for the first time since 2008, a move that may halt a 2 1/2-year price slump. The actions of...

Washington: People should not insist on "nailing" president-elect Donald Trump into positions he had taken during the campaign, former US...