Asia shares fall on Brexit snag, Texas Instruments' revenue woes
2019-10-23

US stock futures and Asian shares slipped on Wednesday as revenue warnings from Texas Instruments raised worries about the global tech sector and after British lawmakers forced the government to hit

Oil prices stable as investors weigh demand concerns
2019-10-21

Oil prices largely held steady on Monday, recouping some early losses as investors took stock of global economic pressures that could impact oil demand. Global benchmark Brent crude oil futures LCO

Yemeni gov.t confirms support for "resumption of oil exports" from Marib
2019-10-21

اضغط هنا لقراءة الخبر بالعربية Head of the Yemen`s internationally recognized  government, Maeen Abdulmalik,  has confirmed his government's full support for the

Sana'a Oil traders accuse Yemeni gov't of partiality
2019-10-20

اضغط هنا لقراءة الخبر بالعربية Decisions taken by the Yemeni government-run Economic Committee (EC) are arbitrary and illegal, oil traders in Houthi-held areas said Saturd

IMF to examine climate risk to financial markets
2019-10-20

The head of the global lender’s markets division said on Saturday that the International Monetary Fund is examining the impact of climate on the world’s financial markets and whether it

Yemeni Sana'a announces end of fuel oil crisis
2019-10-20

اضغط هنا لقراءة الخبر بالعربية The Houthi-run Yemen Petroleum company (YPC) announced the end of the crisis of fuel oil starting on Saturday evening. The company drew in

Yemeni gov't accuses Houthis of causing fuel shortage
2019-10-19

The Yemeni government-run Economic Committee (EC) on Friday accused the Houthis of causing a new fuel crisis in areas under their control, warning the oil suppliers against consequences of yielding

Oil prices fall as China economic concerns outweigh rising refinery runs
2019-10-19

Oil prices fallen on Friday, as concerns about China’s economy outweighed bullish signals from its refining sector, but losses were limited on hopes for progress toward a US-China trade agreem

Sources: Saudi Aramco delays planned IPO until after earnings update
2019-10-18

  Saudi Aramco has delayed the planned launch of its initial public offering in hopes that pending third-quarter results will bolster investor confidence in the world’s largest oil firm, t

World Shares slip on weak China growth, dollar falls weekly
2019-10-18

World shares slipped after China posted its weakest growth rate in nearly three decades on Friday, while the dollar was set for its worst week in almost four months having been pummeled by pound and

"Mira" fuel oil ship arrives in Hodeida, 3 other ships on way
2019-10-17

اضغط هنا لقراءة الخبر بالعربية The fuel oil ship "Mira" arrived in the draft of the port of Hodeida in western Yemen, at noon on Thursday, carrying on board two combined l

Qatar's dairy company Baladna to sell 75% of its share capital on local stock exchange
2019-10-17

Qatari company Baladna, which has built a dairy business in the desert following a trade embargo by Saudi Arabia and its allies, will launch an initial public offering this month that could raise 1.

Oil prices fall as losses limited by new Brexit deal
2019-10-17

Oil prices fell on Thursday as industry data showed a larger-than-expected build-up in US inventories but losses were limited after the United Kingdom and the European Union announced they had reach

JODI: Saudi crude oil exports rose to 8.22 million bpd in August
2019-10-17

Saudi Arabia’s crude oil exports in August rose to 8.22 million barrels per day (bpd) from 6.88 million bpd in July, official data showed on Thursday. Saudi Arabia and other members of the Or

Riyadh plans bumper Aramco IPO, relying on easy loans and rich locals
2019-10-17

Riyadh is setting the stage for a blockbuster listing of state oil giant Saudi Aramco in Riyadh, relying on easy credit for retail investors and pushing rich locals to invest with cash held abroad t

Global shares fall over weak US retail sales, Brexit in focus
2019-10-17

Global stocks barely moved on Thursday as soft US retail sales data raised concerns about the health of the world’s largest economy and risk of global recession, while sterling was volatile as

Tribal gunmen intercept a "SAFER" oil shipment east of Yemen
2019-10-16

اضغط هنا لقراءة الخبر بالعربية Tribal gunmen on Wednesday intercepted an oil shipment heading from the oil fields "SAFER" in the province of Marib in eastern Yemen to the

US-Asia oil shipping rates slip
2019-10-16

Freight rates to ship US crude to Asia eased on Tuesday from record levels as the shock of a global tanker shortage due to US sanctions on a Chinese firm began to fade, according to market sources.