The determination of powerful Gulf OPEC members to stifle competition from new oil producers has left the global energy market reeling and sparked unprecedented uncertainty, officials and experts say./ Gathered in Abu Dhabi for a key conference, senior energy officials from Arab Gulf nations ...
Oil-rich Arab Gulf countries on Sunday blamed "irresponsible" non-OPEC producers for a plunge in global crude prices, but voiced confidence that markets would rebound./ World prices have fallen almost 50 percent since June, mainly due to a supply glut, the weak global economy and a strong US ...
ABU DHABI, United Arab Emirates (AP) — Saudi Arabia's oil chief on Sunday dismissed allegations that his kingdom conspired to bring down oil prices in order to harm other countries and told a summit of Arab energy leaders that he was confident the market would stabilize./ The kingdom, which is ...
Iran’s crude oil output was projected to remain 2.8 million barrels per day in December 2014, unchanged compared to previous months, according to the U.S. Energy Information Administration./ The country maintained its rank as the third-largest crude oil producer in the Organization of Petroleum ...
The Iraqi speaker of parliament said Monday from Syria his government was mindful of regional players working against Tehran in the global oil marketplace. and now the low price of oil, off about 45 percent from its June value. The price of oil Monday was around $61 per barrel. Iranian officials ...
Bradley Richards recalls how he woke up with blood pouring from his head - SWNS/ that led to the death of a British man believes he will have to change careers after suffering life-changing injuries. Bradley Richards, 29, was left with six fractures in his spine and neck and internal bleeding ...
Israeli forces have continued striking targets in Gaza even as the US and its allies push for both sides to accept a ceasefire proposal/ The US government has "every expectation" that Israel will accept a ceasefire proposal that would begin with a six-week cessation of hostilities in Gaza if ...
Minimizing taxes in retirement is an essential step many people overlook./ That’s the key concept for retirement savers specifically because IRAs and 401(k)s are only tax-deferred — not tax-free. “These funds have not yet been taxed, so you need a plan to minimize these taxes [so you] can keep ...
The two women and man, all aged in their 20s were caught in floods in the northern Friuli region/ Three young friends, including a couple, were filmed in a heartbreaking final embrace before they were swept away by flash floods in northern Italy. Patrizia Cormos, 20, her friend Bianca Doros, 23, ...
Google Finance. *Market caps as of May 30, 2024. Microsoft surged past Apple earlier this year to take the No. 1 spot based on market cap. The company's partnership with ChatGPT creator OpenAI has unquestionably been the primary factor behind Microsoft's remarkable rise. The tech giant has ...
Gvir (left) and Bezalel Smotrich reject the US-backed ceasefire deal/ Two far-right Israeli ministers have threatened to quit and collapse the governing coalition if Prime Minister Benjamin Netanyahu agrees to a Gaza ceasefire proposal unveiled by US President Joe Biden on Friday. Finance ...
A Nexstar video breaking down fast food chains that have seen the fastest-rising prices. SAN DIEGO (FOX 5/KUSI) — More than a dozen Rubio’s Coastal Grill locations across San Diego County abruptly closed this week, surprising both workers and customers./ In a statement sent to FOX 5/KUSI on ...
GARDI SUGDUB, Panama (AP) — On a tiny island off Panama’s Caribbean coast, about 300 families are packing their belongings in preparation for a dramatic change. Generations of Gunas who have grown up on Gardi Sugdub in a life dedicated to the sea and tourism will trade that next week for the ...
Israel's Prime Minister Benjamin Netanyahu has insisted there will be no permanent ceasefire in Gaza until Hamas’s military and governing capabilities are destroyed and all hostages are released. His statement comes after US President Joe Biden announced Israel had proposed a three-stage plan to ...
US President Joe Biden said that 'it's time for this war to end'/ US President Joe Biden has urged Hamas to accept a new Israeli proposal to end the conflict in Gaza, saying that "it's time for this war to end". The three-part proposal would begin with a six-week ceasefire in which the Israel ...