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LONDON Oil analysts still expect a rise in the crude price this year thanks to improving demand...

DALLAS Lower oil prices continue to punish Exxon Mobil Corp which reported its weakest quarterly...

HOUSTON Chevron Corp the second largest US based oil producer posted a second quarter loss on...

SHANGHAI China s main offshore oil and gas producer CNOOC will lose more than 1 billion in the...

FRANKFURT BUDAPEST Daimler AG said it would build a new factory in Hungary to make Mercedes Benz...

LONDON Sterling gained more than 1 percent on Friday to trade above 1 33 for the first time in...

JEDDAH Net foreign assets at Saudi Arabian Monetary Agency SAMA fell by 11 billion from the...

TOKYO The Bank of Japan deflated investor spirits with underwhelming tweaks to its giant stimulus...

NEW YORK Oracle Corp said it would buy NetSuite Inc for about 9 3 billion a deal that gives it a...