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London: Opec surprised the market in September with a preliminary agreement to reduce supply to 32.5 million to 33 million barrels a day, breaking a...

Beirut: Up to 16,000 people have been displaced in Syria's Aleppo by intense attacks on the rebel-held eastern part of the city, the United Nations...

Washington: US President-elect Donald Trump this week will meet with retired US General David Petraeus and US Senate Foreign Relations Committee Chairman...

Beirut: The Syrian army and its allies announced the capture of a swathe of eastern Aleppo from rebels on Monday in an accelerating attack that threatens to...

London: Opec is embarking on a last-ditch diplomatic push to reach a production cut, with ministers flying to Russia for talks, as Saudi Arabia for the...

Muscat: The volume of trade between Oman and Iran has surged since international sanctions were lifted against Iran earlier this year. Oman’s imports from...

London: Opec oil ministers will meet on November 30 to agree their first output cut since the 2008 financial crisis. The deal will be "a total...

Dubai: Iran's Defence Ministry said it plans to modernise the air force fleet but denied reports earlier on Saturday that it wanted to buy Russian...

Muscat: Oman will be affected if oil prices drop further following Saudi Arabia’s decision to pull out of planned talks with Russia, a Majlis Al Shura...