Oil price

Economics and Policy Iran wants oil prices to stay above $100 a barrel, its oil minister said on Sunday after crude touched nine-month lows near $101 on Friday and ahead …

Economics and Politics Oil prices at around $100 a barrel are reasonable for both consumers and producers, Saudi Arabia’s Oil Minister Ali Al Naimi said on Monday, again highlighting the …

Economics and Policy Brent crude rose toward $108 a barrel on Wednesday, recovering from a three-month low hit in the previous session, on hopes that a deal to bail out …

Economics Brent futures slipped below $114 a barrel on Monday, reversing some of the gains made in the previous session. More from Arabian Business   Lebanese private school teachers have …

Economics Brent crude futures held above US$111 per barrel on Monday, supported by signs that the world's biggest economies are on a steady recovery path, but inventory data showing weak …

Brent crude was steady around $110 a barrel on Wednesday, nursing losses from the previous two sessions, as investors fretted over prospects for the US fiscal crisis to hurt oil …

Economics Oil prices are expected to fall slightly over the next year as high production feeds softening demand at a time of slowing global economic growth, a Reuters poll shows. …

Economics Brent crude rose above $111 per barrel on Tuesday as optimism coursed through financial markets after Greece's international lenders reached a deal on a new debt target, although worries …

Economics Oil slipped on Monday, with Brent near $109 a barrel, as refineries along the US East Coast lowered run rates ahead of approaching Hurricane Sandy, reducing crude use in …

Economics Brent crude oil rose above $108 per barrel on Thursday, consolidating after seven days of falls as better-than-expected data suggested the world economy was recovering, but analysts said the …