Saudi stocks up as oil steady around $40 at early Thursday trade
Petrochemical stocks boosted Saudi Arabia's stock market in early trade Thursday. Riyadh's index gained 0.8 percent…
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oil prices
Oil prices climb as defaults expected to cut supplies
Brent crude prices rose to nearly $40 per barrel on Wednesday as traders expected defaults to trigger a drop in…
Gulf stocks fall on oil prices, shares going ex-dividend
Gulf stock markets dropped at early trade on Wednesday as some shares went ex-dividend and after oil prices and…
BoA Merrill Lynch holds Egypt at ‘Marketweight’
Bank of America Merrill Lynch said Sunday it would hold Egypt at Marketweight as lower oil prices ease fiscal…
Gulf stock markets rose as oil nears $39 at early Sunday trade
Rising oil prices boosted stock markets in the Gulf at early trade on Sunday, with construction firm Arabtec…
Oil prices up on Saudi support, China; poll shows less OPEC output
Oil prices climbed 3 percent Monday after China moved to boost its slowing economy and Saudi Arabia pledged to work…
Oil prices “totally unacceptable”, Nigeria president tells Qatar’s ruler
The OPEC cartel needs to take action to stabilise the oil market because crude prices have tumbled to "totally…
Saudi oil minister to face rival U.S. producers this week as price rout bites
This week, Saudi Oil Minister Ali Al-Naimi will for the first time face the victims of his decision to keep oil…
European stocks gain most in nearly 4 months on QE hopes
European stocks charged higher at Friday trade, breaking a weekly string of losses, as oil prices rebounded and as…
Asian stocks fall as bank fears add to global gloom
Asian stocks slid Friday as mounting concerns about the health of European banks further threatened a global…