Tag Archives: Bloomberg News Agency

Equity markets across the Middle East slumped after the worst week for oil prices since 2008 and as more cases of the coronavirus were announced in the region.

Nokia Oyj is exploring strategic options as fierce competition puts pressure on the Finnish network equipment maker’s earnings. people familiar with the matter said.

The U.S. will sell up to 12 million barrels of oil from its emergency government stockpile just as global crude demand takes a hit from the spreading coronavirus.

It’s finally upon us. The week when ministers from the oil producing countries of OPEC and their allies meet to decide on the future of their latest round of output cuts.

Russia’s state oil company paid $250 million to an external consultant to help secure deals in Iraqi Kurdistan. according to documents that shed new light on transactions that have strengthened Moscow’s presence in the Middle East.

Two of Switzerland’s largest trade fairs fell victim to the coronavirus epidemic. with organizers of the Geneva International Motor Show and the Baselworld watch fair pulling the plug on this year’s salons as the outbreak spreads in Europe.

OPEC doesn’t see the effects of the disease confined to the start of the year.

Colorado explorers pumped the most crude on record last year even after the state tightened restrictions on oil and gas drilling.

The world economy may be heading for its worst performance since the financial crisis more than a decade ago as the spread of the coronavirus increasingly dashes hopes of a swift rebound.

The European Union blacklisted two Turkish nationals as retaliation over Ankara’s energy drilling off Cyprus in a move that has more political symbolism than economic punch.