[DUBAI] Saudi Arabia's energy minister said on Monday the kingdom was closely monitoring developments in global oil markets resulting from "gloomy expectations" over the impact of the new...

OPINION

THE heart of America's oil renaissance is found in the Permian basin, which is showing signs of maturing fast. And for shale basins, that's not a good thing. If the rich petroleum region wanes, US...

LIBYA'S central bank governor Sadiq Al-Kabir called on the international community to help end a week-long shutdown of oil ports by eastern military commander Khalifa Haftar, likening the closures...

[WASHINGTON] US President Donald Trump on Friday signed a proclamation increasing tariffs on derivative steel products by an additional 25 per cent and boosting duties on derivative aluminium...

[HOUSTON] EnCap Investments plans to use a US$6 billion war chest to drill oil and natural gas wells, now that dwindling investor interest has made it tougher for private equity players to offload...

[WASHINGTON] The US government said on Friday domestic producers of fabricated structural steel were being harmed by imports from China, Canada and Mexico.

[WASHINGTON] An American couple pleaded guilty to running a US$1 billion solar investment scam that they used to finance a luxury lifestyle, including buying Burt Reynolds' sports car, US...

[NEW YORK] Crude prices sank more than 2 per cent on Friday and Brent logged its biggest weekly decline in more than a year as concerns that a coronavirus will spread farther in China, the world's...

GOLD REPORT

MARKETS remained on edge as painful memories of the Severe Acute Respiratory Syndrome (SARS) resurfaced over the spread of a new coronavirus.

[BENGALURU] Gold inched lower on Friday as investors opted for riskier assets after the World Health Organization (WHO) stopped short of declaring the China virus outbreak a global emergency, but...