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    1. Fast FT

      3 hours ago

      Lord Tim Bell resigns as Bell Pottinger chair

      Lord Tim Bell, the former communications adviser to Margaret Thatcher, has resigned with immediate effect as chairman...

    2. Fast FT

      6 hours ago

      Iran oil minister to attend Algeria Opec meeting

      Iran’s oil minister Bijan Zanganeh will attend a meeting of Opec ministers in Algeria in September, the country’s state...

    Special Reports

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      Emerging stories suggest there are momentous changes under way in the global energy sy...
    2. New Trade Routes: Arab World

      There is economic and military turmoil across the Arab world with the global downturn,...
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    1. Fast FT

      August 24, 2016

      Oil hits the skids in Asian trading

      Oil prices have nearly given up all of Tuesday’s gains, with the price of the black stuff sliding in Asia on Wednesday....

    2. Fast FT

      August 23, 2016

      Oil climbs on report Iran may support coordinated action

      Oil prices rose in afternoon trading after reports suggested Iran will attend a meeting of Opec producers in Algeria...

    3. August 22, 2016

      Oil price retreats as speculative shake-out eases

      Oil retreated 3 per cent on Monday to back below $50 a barrel, as reports Iraq is increasing exports and signs hedge...

    4. Nick Butler

      August 22, 2016

      The summer mirage of rising oil prices

      Are we on the verge of a real upturn in oil prices? Over the last 10 days, the price has risen almost 20 per cent. Is...

    5. August 19, 2016

      Brent crude climbs above $50 a barrel on output freeze hopes

      Oil prices climbed back above $50 a barrel this week, registering a third straight week of gains, after Opec members...

    6. Fast FT

      August 19, 2016

      Oil prices at highest level since Brexit vote

      Partying at an eight-week high. Oil prices are advancing again this morning, one day after the recently volatile...

    7. Fast FT

      August 19, 2016

      Woodside profit halves, Santos swings to loss

      Australian oil and gas majors Woodside Petroleum and Santos have both suffered as the price of oil took a tumble in the...

    8. August 18, 2016

      Dollar struggles in wake of Fed minutes

      Thursday 21:00 BST. The dollar continued to struggle and US equities inched towards recent record highs as participants...

    9. August 18, 2016

      Saudi oil exports rise in June despite global glut

      Saudi Arabia has stepped up its push to win more foreign buyers for its oil, according to official data released on...

    10. Fast FT

      August 18, 2016

      Saudi oil exports rise on record summer output

      Saudi Arabia has stepped up its push to win more foreign buyers of its oil, official data showed on Thursday, directing...

    11. Fast FT

      August 17, 2016

      Oil pares losses as US stockpile unexpectedly shrinks

      Oil sharply trimmed its losses after stockpiles of US crude unexpectedly declined in the latest week. Inventories of US...

    12. Fast FT

      August 17, 2016

      Oil pulls back on reports of higher Saudi output targets

      Oil markets are in reverse this afternoon after comments suggesting Saudi Arabia will raise output levels to record...

    13. August 17, 2016

      Saudi Arabia has oil traders hanging on every word

      Central bankers have long understood that a few well-placed words can wield nearly as much power as pulling the actual...

    14. August 17, 2016

      Saudi Arabia reminds oil traders it pays to listen

      Central bankers have long understood that a few well-placed words can wield nearly as much power as pulling the actual...

    15. Fast FT

      August 16, 2016

      Brent settles above $49 for first time in over a month

      Brent crude settled above $49 a barrel as oil posted its longest winning streak since March. Brent crude, the global...

    16. Fast FT

      August 16, 2016

      Oil pulls back after Monday upswing

      Oil gave up some of the gains it had made in the previous session during early trading on Tuesday. Brent crude, the...

    17. Fast FT

      August 15, 2016

      Brent crude rises above $48 as oil extends gains

      Oil extended its gains on Monday and Brent crude was again eyeing the $50 a barrel level after recent comments from...

    18. August 15, 2016

      Oil bulls anticipate possible production freeze

      Hedge funds turned more positive on oil last week, adding to their bullish positions for the first time in over a month...

    19. Fast FT

      August 15, 2016

      Rosneft continuing to feel the pain of weak oil prices

      Rosneft, Russian’s state-owned oil company, has become the latest energy major to report a sharp slide in profits in...

    20. Fast FT

      August 15, 2016

      Upgraded: European banks enjoy best spell since crisis - Fitch

      Negative interest rates and tough new EU bail-in laws may have spooked European bank investors this year but that...

    21. Fast FT

      August 15, 2016

      Hedge funds take the bait on oil

      Hedge funds and speculators turned more positive on US oil last week, adding to bullish positions for the first time in...

    22. Fast FT

      August 15, 2016

      Oil climbs to four-week high as Russia seeks 'cooperation'

      Oil prices are climbing for their third consecutive day on growing hopes of a diplomatic détente in the global...

    23. Fast FT

      August 12, 2016

      Oil enjoys best week since April; heading for $47

      The only way is up for oil (again). Brent crude, the world’s oil benchmark, is enjoying its best weekly run since...

    24. Fast FT

      August 11, 2016

      Oil leaps 5% in best one-day rise since April

      The see-saw in oil prices keeps swinging. Brent crude, the world’s oil benchmark, is enjoying its best day in four...

    25. Fast FT

      August 11, 2016

      Saudi minister says Kingdom could help rebalance oil market

      Saudi Arabia’s energy minister Khalid Al Falih said the kingdom could participate in coordinated action to help balance...

    26. August 10, 2016

      Saudi oil production rises to record level in July

      Saudi Arabia’s oil production rose to a record level in July as it moved to meet domestic demand and maintain pressure...

    27. Fast FT

      August 10, 2016

      Saudi oil production hits record in July

      Saudi Arabia’s oil production rose to a record level in July as the kingdom moved to meet domestic demand and maintain...

    28. August 8, 2016

      Outside help behind rebel advances in Aleppo

      Syria’s opposition has hailed rebel advances in the strategic city of Aleppo as a stunning success for ragtag forces,...

    29. August 7, 2016

      Saudi Arabia promises to help investigate German terror attacks

      Saudi Arabia has promised the German government it will help to investigate two terror attacks that shocked Germany...

    30. August 4, 2016

      Saudi Arabia to assist stranded Indian workers

      Saudi Arabia has agreed to repatriate thousands of Indian labourers who have been stranded in the desert kingdom after...

    31. August 1, 2016

      India offers aid to workers stranded in Saudi Arabia

      Indian diplomats in Saudi Arabia have distributed 15 tonnes of emergency food to thousands of stranded Indian...

    32. July 29, 2016

      The new oil order comes back with a vengeance

      The renewed slide in the oil price back towards $40 a barrel is a reminder to the world’s largest producers that they...

    33. July 28, 2016

      Oil in bear market territory: 5 things to watch

      Oil prices on both sides of the Atlantic have fallen into bear market, heaping more pressure on oil companies and major...

    34. Fast FT

      July 28, 2016

      BAE confident of growth despite missing expectations

      BAE Systems, the world’s third-largest defence company by sales, insisted it had “performed well” and maintained...

    35. July 17, 2016

      Independent US oil producers seek limit on crude imports

      Months after the US energy industry triumphed in overturning an oil export ban, a group of independent producers wants...

    36. July 16, 2016

      US declassifies Saudi pages of 9/11 report

      The Obama administration on Friday declassified and made public 28 previously secret pages detailing links between...

    37. July 14, 2016

      Failed Libyan assassination plot yields a London property bargain

      House for sale: £650,000. Charming 1930s semi-detached abode on Longfield Avenue in “up and coming” Wembley, northwest...

    38. July 14, 2016

      Saudi Arabia’s non-oil sector slips into recession

      Saudi Arabia’s non-oil economy has slipped into a technical recession for the first time since the 1980s, compounding...

    Search for Saudi Arabia and

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