Oil Falls After Industry Data Points To Jump In U.S. Crude Stocks
U.S. crude inventories rose by about 10.5 million barrels in the week ended Feb. 10, according to market sources citing American Petroleum Institute figures on Tuesday.
Saudi Arabia's PIF Says US Stocks Value Falls Nearly $6 Billion In Fourth Quarter
PIF, at the centre of Saudi Arabia's ambitious plans to diversify the economy away from oil, invested over $1 billion in Lucid in 2018.
World Bank Most Concerned In MENA About Lebanon And Tunisia
"We have a number of tensions in those countries," including debt levels and high inflation, Ferid Belhaj told Reuters on the sidelines of the World Government Summit in Dubai.
India Watchdog Probes Short-seller's Allegations About Adani, Market Activity
The Securities and Exchange Board of India (SEBI) also said it was looking into the market activity immediately before and after Hindenburg published its report on Jan. 24, the filing said.
Afghan Journalists Win Case Against UK Government Over Relocation
The journalists' lawyers told London's High Court in December that the government had "betrayed the debt of gratitude" owed to them by refusing to relocate them.
Earthquake Fans Anti-Syrian Sentiment In Turkey Amid Desperate Conditions
Several Turks in quake-hit towns and cities have accused Syrians of robbing damaged shops and homes.
UN Chief Says Syria's Assad Agrees To Expand UN Aid Access From Turkey
Assad agreed to open the crossings of Bab Al-Salam and Al Ra'ee, Guterres said in a statement after UN aid chief Martin Griffiths met with the Syrian president in Damascus on Monday.
New Russian Offensive Underway In Ukraine, Says NATO
Ukrainian defenders, who have already held out for months, were braced for new ground attacks, Ukrainian military officials said on Monday.
U.S. 'Deeply Troubled' By Israeli Settlement Move After Blinken Visit
The United States opposes Israel's retroactive authorization of Jewish settler outposts in the occupied West Bank, Secretary of State Antony Blinken said on Monday, adding that he was "deeply troubled" by the move that came less than two weeks after he raised U.S.
Oil Prices Fall On US Crude Reserve Release
"Energy traders were expecting to hear news about refilling the SPR and not tapping them for more supplies," Edward Moya, an analyst at OANDA said.
Asian Shares Track Wall Street's Inflation Optimism, Yen Recoups Losses
Japan's currency had weakened on uncertainty surrounding the next governor of the Bank of Japan.
Tunisia Arrests More Prominent Critics Of President
Police raided the house of Noureddine Bhiri, a senior official in the biggest opposition party Ennahda and a prominent critic of Saied, and took him away, his lawyer Samir Dilou said by phone.
IMF, Pakistan To Resume Talks On Unlocking Bailout Funds, Official Says
Talks between the International Monetary Fund and Pakistan will resume virtually on Monday, a Pakistani official said, as the two sides look to reach a deal to unlock funding critical to keep the cash-strapped south Asian country afloat.
Biden To Travel To Poland To Mark First Anniversary Of Ukraine Invasion
U.S. President Joe Biden will travel to Poland on Feb. 20 to 22 to mark the first anniversary of Russia's invasion of Ukraine, the White House said on Friday.
Wagner Boss Prigozhin Says Russia Could Take Two Years To Capture East Ukraine Regions
The comments provided a rare glimpse into Russian expectations of the likely duration of the conflict, from a man whose private army is at the centre of some of the fiercest fighting.
Exclusive-SoftBank's Arm China Lays Off Workers As Outlook Grim -sources
SoftBank Group Corp's chip technology firm Arm Ltd's China joint venture laid off 90-95 employees last week to cope with a challenging business outlook this year, according to two sources familiar with the situation.
G20 Exploring Cryptocurrency Regulation, India's Finance Minister Says
Given the sophisticated technologies involved with these virtual assets, countries must discuss whether a given regulation is needed, said Sitharaman, whose country is this year's G20 president.
Palestinian Driver Ploughs Into Bus Stop Killing Two Israelis
The driver, a 31-year-old from East Jerusalem, was shot dead at the scene by officers, police said.
Israel President Floats Plan To Prevent 'Constitutional Collapse'
Netanyahu - who denies wrongdoing in his trial - says the reforms are aimed at restoring balance between Israeli authorities.
Ukraine Holds Defence As Battles Rage In Donetsk Region, Top Commander Says
Zaluzhnyi did not specify where the gains were. He added that Ukraine continues to hold Bakhmut, tying to "stabilise" the frontline around the town.
Asia Stocks Slip, Dollar Gains Before US Inflation Test
An air of geopolitical mystery was added by news the U.S air force had shot down a flying object near the Canadian border, the fourth object downed this month.
Oil Falls On Demand Concerns As Impact Of Russian Output Cut Fades
Both contracts rose more than 8% last week, buoyed by optimism over demand recovery in China, the world's top crude importer and No. 2 oil consumer, after COVID curbs were scrapped in December.
Quake Survivor In Syria Mourns Lost Family
Mechanical diggers, rescue workers and ordinary people who escaped injury have spent days trying to pull out remaining survivors.
US Targets Iranian Petrochemicals, Petroleum In Fresh Sanctions
The latest U.S. move against Iranian oil smuggling comes as efforts to revive Iran's 2015 nuclear deal have stalled and ties between the Islamic Republic and the West are increasingly strained as Iranians keep up anti-government protests.
Egypt Hold Talks Seeking To Prevent Israeli-Palestinian Escalation In Ramadan
Two Egyptian officials, who spoke on the condition of anonymity, said Cairo believed the situation could further spiral out of control.
MSCI To Cut Weighting Of Four Adani Firms In Wake Of Hindenburg Report
The Hindenburg report has plunged the group, led by billionaire Gautam Adani, into crisis, wiping some $110 billion off the value of the group's main seven listed firms.
Oil Dips But Heads For Weekly Gain Despite U.S. Downturn Fears
The downturn was partly due to a report on Thursday showing the number of Americans claiming unemployment benefits increased more than expected last week, which reignited recession fears.
Asia Stocks Head For Second Weekly Loss As Fed Rate Worries Flare
MSCI's broadest index of Asia-Pacific shares sank 0.54% and was on course for a 1% weekly decline, after losing 1.16% in the previous week.
Egypt's Sisi Seeks To Tamp Down Media Clash With Saudi Arabia
Saudi Arabia along with other energy-rich Gulf states has long provided crucial funding to Egypt, upping support after Sisi took power nearly a decade ago, and as an acute financial crisis took hold last year.
Big Oil Doubles Profits In Blockbuster 2022
The combined $219 billion in profits allowed BP, Chevron, Equinor, Exxon Mobil, Shell and TotalEnergies to shower shareholders with cash.