Oil price hits 6.5-year low of almost $40 a barrel
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Oil price hits 6.5-year low of almost $40 a barrel

“The numbers were a total surprise with crude showing a build when the whole Street…

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Dubai market loses 7 percent after oil price dip
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Dubai market loses 7 percent after oil price dip

Once upon a time, talk of an emergency OPEC meeting would have rippled through oil…

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UK minister: UAE forces free British hostage in Yemen
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UK minister: UAE forces free British hostage in Yemen

But the UAE’s official news agency, WAM, said on its Twitter account that the Briton…

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Oil prices fall as equity markets plunge
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Oil prices fall as equity markets plunge

US crude flirts with close of under $40 a barrel
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US crude flirts with close of under $40 a barrel

Brent and US crude both fell to six and half year lows and Carsten Fritsch,…

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Oil hits 6.5yr low on China concerns
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Oil hits 6.5yr low on China concerns

NEW YORK-Oil prices plunged to fresh six-year lows Monday on concerns about a slowdown in…

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Dubai stocks close down 7.0pc as Gulf slides
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Dubai stocks close down 7.0pc as Gulf slides

The index, which had plunged 6.9 percent on Sunday, has now lost 23 percent in…

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Oil goes down as U.S. supplies climb
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Oil goes down as U.S. supplies climb

Saudi Arabia exported 7.365 million barrels per day (bpd) in June, up from 6.935 million…

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Dozens of civilians killed in battle for Taez
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Dozens of civilians killed in battle for Taez

Al-Qaida militants have seized control of key areas in and around Yemen’s port city of…

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British hostage freed as Al Qaeda takes ground in Yemen
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British hostage freed as Al Qaeda takes ground in Yemen

They said Saturday the fighters have seized the Tawahi district entirely and were patrolling the…

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