By Naveen Thukral SINGAPORE (Reuters) – Drought or too much rain, the war in Ukraine and high energy costs look…
Oil rises to over $80/bbl as dollar slumps on slowing inflation
By Shariq Khan NEW YORK (Reuters) – Oil settled over $80 a barrel on Tuesday and recorded its biggest daily…
Bank of Israel names new MPC voting member
JERUSALEM (Reuters) – Bank of Israel Governor Amir Yaron appointed Adi Brender as the bank’s director of research and as…
Cyprus watchdog to extend FTX EU licence suspension
NICOSIA (Reuters) – Cyprus’s securities regulator plans to extend the suspension of the licence of FTX EU and will meet…
Qatar’s Q3 surplus soars on higher oil and gas revenue
DUBAI (Reuters) – Qatar posted a budget surplus of 30 billion riyals ($8.19 billion) for the third quarter of 2022,…
Oil up $2/bbl on supply risks amid ongoing Keystone outage
By Laila Kearney NEW YORK (Reuters) -Oil prices settled up about $2 a barrel on Monday on supply jitters, as…
Erdogan: Turkey’s inflation will fall to 40% in months, 20% in 2023
ANKARA (Reuters) – Turkey’s President Tayyip Erdogan said on Monday it was “apparent” that inflation would fall to around 40%…
Most Gulf markets in red on weak oil, Fed policy jitters
By Ateeq Shariff (Reuters) – Most stock markets in the Gulf ended lower on Monday, with the Saudi index hitting…
Libyan oil production at 1.2 million barrels per day, oil minister says
KUWAIT (Reuters) – Libya is producing about 1.2 million barrels per day of oil, oil minister Mohamed Oun told reporters…
Israeli lawmaker tables bill to limit banks raising mortgage rates
By Steven Scheer JERUSALEM (Reuters) – The head of Israel’s powerful parliamentary finance committee submitted a bill on Monday that…