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The International Energy Agency warned that oil prices could break out above $80 a barrel unless other producers act to offset deepening supply losses

A worker checks the valve of an oil pipe at field owned by Russian state-owned oil producer Bashneft near the village of Nikolo-Berezovka, northwest o

Commercial lenders in Turkey have pulled as much as $4.5bn worth of gold reserves since mid-June in an eff ort to avert a liquidity crisis as the lira

Bloomberg Madrid The European Union wants to bolster the global role of the euro as part of an effort to avoid being pushed around by Preside

Hopes that Crown Prince Mohammed bin Salman would be a reformer who could heal the region have come to nothing irst came the hype, with millions sp

STRASBOURG (Reuters) - The European Union must flex its muscles as a world power, EU chief executive Jean-Claude Juncker said on Wednesday, as he spok

By Benjamin Franta Stanford One day in 1961, an American economist named Daniel Ellsberg stumbled across a piece of paper with apocalyptic im

The total global oil demand is anticipated to reach 98.83mn bpd in 2018; Opec’s latest monthly bulletin has shown. For 2019, Opec forecasts world o

QNA/Doha Qatargas has announced a long-term sale and purchase agreement (SPA) with PetroChina International Company Limited to supply China w