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OPEC, allies end meeting with no pledge to boost supply

OPEC's leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump's calls for action to cool the market. "I do not influence prices," Saudi Energy...

Iran points finger at Arab separatists for deadly attack

Iranian President Hassan Rouhani on Sunday appeared to blame Arab separatists for an attack on a military parade the previous day that left 29 people dead. "It is absolutely clear to us who has done this, which group it is and to whom they are affiliated," Rouhani said on state...

Porsche first German carmaker to abandon diesel engines

Sports car maker Porsche said Sunday it would become the first German auto giant to abandon the diesel engine, reacting to parent company Volkswagen's emissions cheating scandal and urban driving bans. "There won't be any Porsche diesels in the future," CEO Oliver Blume told the...