By Hadeel Al Sayegh DUBAI (Reuters) – Saudi Arabian real estate developer Dar Al Arkan said it signed an agreement…
Oil slides 2%, posts second weekly decline as supply fears recede
By Laila Kearney NEW YORK (Reuters) -Oil dropped by about 2% on Friday, logging a second weekly decline, due to…
European refiners oversupplied as oil shortage fears subside
By Julia Payne and Ahmad Ghaddar LONDON (Reuters) – European refiners have found themselves oversupplied with crude as an expected…
Turkey to end easing next week with one last rate cut to 9%: Reuters poll
By Ezgi Erkoyun and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank is expected to cut rates by another 150…
Oil falls on worries of U.S. rate hikes, China demand outlook
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell more than 3% on Thursday, with demand squeezed by mounting COVID-19 cases…
Forecasts split on Bank of Israel benchmark rate rise
By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel is expected to raise short-term interest rates for a sixth…
Oil falls as Druzhba pipeline reopens, China COVID worries stay at the fore
By Shariq Khan BENGALURU (Reuters) -Oil prices settled more than a dollar lower on Wednesday after Russian oil shipments via…
Banque Saudi Fransi sells $700 million in five-year bonds
DUBAI (Reuters) – Banque Saudi Fransi sold $700 million in five-year bonds on Wednesday in the first public dollar bonds…
Petro-Logistics says OPEC appears to be making oil output cut
By Alex Lawler LONDON (Reuters) – Crude oil exports by OPEC have fallen significantly so far this month, leading tanker-tracker…
BoE could deepen UK recession if it raises rates further – Dhingra
LONDON (Reuters) – The Bank of England’s newest interest rate-setter Swati Dhingra said on Wednesday that the British central bank…