Oil

"The EU is rejecting purchases of Iranian oil, even though very many EU countries depend on this oil," Foreign…

An agreement has been signed between Bahrain and US Occidental Petroleum Corporation(NYSE: OXY) for deep gas…

An oil price of $100 per barrel would provide the right balance for both consumers and producers, Saudi Finance…

Iraq’s electricity ministry signed a $363 million power deal with Egypt’s Orascom Construction Industries (OCIC.CA)…

Saudi Arabia’s net foreign assets stood at around $494 billion at the end of 2010 and strong oil prices are…

Production at Iraq’s West Qurna Phase-2 oilfield is expected to hit 500,000 barrels per day (bpd) in 2014, Iraq’s…

Libya's oil minister says production is nearly back to its pre-war levels. It's now at 1.5 million barrels a day.…

Output from a Libya, recovering from the turmoil of civil unrest, helped OMV boost production slightly in the first…

The Saudi Stock Exchange saw it market gauge the all-share index (TASI) falling 0.74% Monday, closing at 7,525.17…

Iran was investigating a suspected cyber attack on its main oil export terminal and on the Oil Ministry itself,…