The crisis in OPEC member Venezuela could impact the oil market balance, Saudi Energy Minister Khalid al-Falih told Al-Arabiya news channel Monday. "Of course, developments in Venezuela may have an impact on the [oil] markets ... We are watching developments there and there could be an...

Abu Dhabi's state oil firm said Sunday it had signed partnership deals worth $5.8 billion with Italian oil giant Eni and Austria's OMV, awarding them key stakes in its refining arm. Under the agreements, Eni will own 20 percent and OMV 15 percent of the Abu Dhabi National Oil Co's ADNOC...

With a month left in their truce, senior US and Chinese officials will meet in Washington this week, hoping to move toward a bargain to end their unprecedented trade war. Beijing's trade envoy, Chinese Vice Premier Liu He, will lead a 30-person delegation at the invitation of US Treasury...

The US Federal Reserve will hold its fire this week, leaving interest rates untouched and letting markets calm down after a tumultuous end to 2018. Coming off Wall Street's worst December since the Great Depression and amid mounting fears about the global economy, Fed policymakers are now...