The oil price plunge to less than $30 a barrel has had a cascading effect on the Qatar Stock Exchange (QSE), the second worst performer among the Gulf bourses ...
Pakistan State Oil has backed out of a nearly $1 billion deal to buy liquefied natural gas (LNG) from Royal Dutch Shell after receiving a lower price from Qatar ...
Brent crude fell to a new 12-year low on Thursday as the prospect of more oil supplies from Iran loomed, amid gloom over a world already awash with supply and concerns about global economic growth.
British energy major BP said Tuesday that it will axe more than 4,000 jobs worldwide over the next two years in response to collapsing oil prices.
US crude tumbled below $31 a barrel Tuesday, extending a sell-off that has pushed it to more than 12-year lows amid a global supply glut, a strong dollar and tepid demand.
Qatar Stock Exchange opened the week weak as its key index plunged 93 points to settle below the 9,700 mark and capitalisation erode QR6bn on lingering concerns over low oil prices, geopolitical tension ...
Jose Mourinho insists he will fight to stay as Chelsea manager after accusing his players of betraying him in their 2-1 defeat at Premier League leaders Leicester City.
