Oil
Oil prices rose on Thursday, extending a cautious rally this week on signs of tight supply while the European Union (EU) wrangles with Hungary over plans to ban imports from Russia, the world's second-largest crude exporter, after it invaded Ukra..
Oil prices rebounded from two days of losses in a volatile session on Thursday, bolstered by weakness in the dollar and expectations that China could ease some lockdown restrictions that could boost demand. Crude benchmarks continued their spate o..
The European Union is proposing a ban on all oil imports from Russia, saying president Vladimir Putin “must pay a high price” for his “brutal aggression” against Ukraine. European Commission President Ursula von der Leyen o..
Russian forces fired rockets at an encircled steel works in Ukraine's southern port city of Mariupol and thick smoke blackened the sky at the plant where officials on Tuesday said 200 civilians were trapped despite evacuations. Russia's of..
Russian forces fired rockets at an encircled steel works in Ukraine's southern port city of Mariupol and thick smoke blackened the sky at the plant where officials on Tuesday said 200 civilians were trapped despite evacuations. Russia's of..
Oil prices rose modestly on Wednesday due to ongoing concerns about tight worldwide supply, underscored by another drawdown in US distillate and gasoline inventories. The market rebounded late in the session after losing ground for most of the day..
Saudi Arabia has shut down an eatery in Jeddah after discovering that it had been preparing samosas and other snacks in toilets for more than 30 years, local media reported. Acting on a tip-off, Jeddah Municipality raided the 'restaurant&..
Indonesian palm oil companies were bracing on Wednesday for the impact of a government ban on exports of refined palm olein, with the new rules aimed at taming soaring prices of domestic cooking oil due to come into effect from midnight. The expor..
Germany hopes to find a way within days to replace Russian oil with supplies from other sources, Economy Minister Robert Habeck said on Tuesday, adding that Germany could then cope with an EU embargo on Russian oil imports. Under pressure to reduc..
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Qatar Secures Place Among the World's Top 10 Wealthiest Nations
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Hamad International Airport Witnesses Record Increase in Passenger Traffic

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