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In a major turnaround, Syria is pledging full cooperation with UN attempts to probe strong evidence that it secretly built a reactor.
Iran wants a new round of talks with six world powers to focus on a host of issues including its rights as a nation.
Oil ministers appear ready to sit back and let a recovering economy lift crude prices instead of trying to bolster them by cutting back production.
Worries about global economic growth and expectations of a weak US jobs report pushed oil prices lower on Friday.
Oil prices jumped to a new trading record above $98 a barrel on Wednesday amid expectations of declining United States supplies. The weak dollar and the Organisation of the…
Oil prices fell more than a barrel on Monday as traders pocketed gains from the previous session’s record settlement. The release of eight Turkish soldiers by Kurdish rebels on…
Oil prices rose on Monday ahead of the expected restarts at United States refineries and Nigerian presidential elections that some fear could spark violence that may disrupt oil…
The Organisation of the Petroleum Exporting Countries’ (Opec) president and oil powerhouse Saudi Arabia stepped back from direct calls to slash output on Wednesday, the eve of…
Oil prices slipped below a barrel on Monday on doubts that the Organisation of the Petroleum Exporting Countries (Opec) would pursue proposed production cuts and as geopolitical…
Oil prices rose on Friday as the market watched Iran’s stand-off with the West over its nuclear programme and amid concerns that tropical storms could threaten United States Gulf…
Crude futures rose on Tuesday over Iran concerns after United States President George Bush warned that nations worldwide will not back down from their demand that Tehran suspend…
Unrest in Africa. Mideast insurgency and terrorism. Iran’s nuclear brinkmanship. Russian pressure politics. South American resource nationalism. Piece by piece, the global energy…
It’s a birthday bash being heard around the world. Salzburg, the cobblestoned and turreted city of Mozart’s birth, was leading Friday’s 250th anniversary celebrations — but the…
Crude slid below on Monday as Hurricane Wilma crashed ashore in Florida, avoiding already battered Gulf of Mexico oil-producing and -refining facilities. Analysts said…
Oil prices swung sharply upward on Friday as traders shrugged off the shock of the London bomb blasts and focused on a drop in United States crude stocks and possible supply…
It was a sign of life from a boy reaching out to his long-lost mother. Yet in a country scarred by war, his words dug deep into wounds gouged more than a decade ago. "Greetings…
Crude futures rose on Monday ahead of a meeting between United States President George Bush and Saudi Crown Prince Abdullah that will focus in part on possible ways to bring down…
Oil prices rose on Thursday as traders digested United States government figures showing a large increase in crude inventories but a drop in gasoline stocks ahead of the driving…
