Omani Energy Minister Mohammed bin Hamad al-Rumhy said on Sunday that he believed there was a consensus among OPEC oil producers that oil output should be cut. Asked if he thinks there is a consensus for a cut, he told reporters: “I think so, yes. We enjoyed the benefits of cuts.”...

Four Libyan oil export ports that were closed last week because of bad weather have reopened, a Libyan shipping source and port engineers said on Sunday. Tankers were docking at the eastern Ras Lanuf, Es Sider, Zueitina and Brega ports as well as the western Zawiya terminal linked to the El...

Iran has ended its seasonal ban on rice imports, allowing importers to register their orders, Iranian news agencies reported on Sunday. Deputy Agriculture Minister Ali Akbar Mehrfard announced the end of the annual ban in a letter dated Nov. 28, the ISNA semi-official news agency reported....

  China and Argentina signed a $9 billion currency swap deal to boost the crisis-stricken South American country's foreign currency reserves, its central bank announced Sunday. Struggling to recover after a currency crisis earlier this year, Latin America's third largest economy sought...