Opec members may call an extraordinary meeting to discuss oil prices if they reach consensus during an informal gathering in Algiers this month, Opec Secretary-General Mohammed Barkindo said during a visit to Algeria, the country's state new
The Saudi Arabian government has ended talks aimed at saving construction giant Saudi Oger, which is now facing the prospect of a multi-billion-dollar debt restructuring to stave off collapse, according to sources aware of the matter.
Crude oil futures pared gains on Monday after top producers Russia and Saudi Arabia said they have agreed to cooperate on stabilising the oil market, including limiting output.
Brent crude futures for November delivery were up $1.
The United States and Russia failed on Friday to reach a breakthrough deal on military cooperation and a nationwide cessation of hostilities in Syria, saying they still have issues to resolve before an agreement could be announced.
Qatar Airways is in advanced talks with Boeing to buy up to 30 narrowbody planes and will not rule out additional cancellations of delayed deliveries from rival Airbus, the airline's chief executive said on Monday.
Britain is in a "deep political crisis" following its referendum vote to leave the EU and so European leaders must give it some time to launch the formal divorce process, a senior EU official involved in preparing their next summit sai
Switzerland's talks with Brussels on curbing immigration from the European Union have been complicated by Britain's vote to leave the bloc as EU officials focus on unravelling that relationship, President Johann Schneider-Ammann said on
Indian Prime Minister Narendra Modi, arrived in Doha on Saturday on a two-day visit which is focused on giving a new push to the economic ties, particularly in the hydrocarbon sector, between India and the energy-rich Qatar.
Modi will h
Saudi Arabia's powerful deputy crown prince is expected to visit Washington in mid-June for talks with top US officials, possibly including President Barack Obama, amid growing friction between the longtime allies, three sources familiar wit
Russia said on Wednesday it was prepared to push oil production to new historic highs, just days after a global deal to freeze output levels collapsed and Saudi Arabia threatened to flood markets with more crude.
Opec member Venez