(Bloomberg) — Oil traded without direction for a second day as the market waited to see if OPEC and its allies will extend record production curbs. Futures...
Uber Eats has decided to close its operations in eight of its markets, it announced on Monday with its operations in the UAE transitioning over to...
(Bloomberg) — U.S. cases of coronavirus rose 3.2%, which is higher than the one-week daily average. New York’s new deaths rose slightly while hospital admissions fell. The U.K. toll...
Saudi Arabia has entered into a US$265 million ((Saudi Rials 995 million) deal with a Chinese firm to ramp up coronavirus (Covid-19) testing. The Kingdom, which...
(Bloomberg) — Oil eked out a small gain after tumbling 10% on Tuesday as concerns over virus-driven demand destruction overshadowed a historic deal by the world’s biggest...
(Bloomberg) — As Mexico and Saudi Arabia fight over a deal to bring the oil-price war to an end, Mexico has a powerful defense: a massive Wall Street hedge...
(Bloomberg) — Oil gave up some of last week’s rally after a delay to a planned meeting of top producers to discuss output curbs and signs the...
(Bloomberg) — Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies, leaving the market overwhelmed by cratering demand and a ballooning...
(Bloomberg) — The Trump administration is pressing Saudi Arabia to dial back its plan to flood the oil market after a price war with Russia sent crude...
(Bloomberg) — Most equity markets in the Middle East fell on Sunday, despite efforts by central banks across the region to protect economies from shocks related to...