LONDON (Reuters) - Oil prices slipped on Thursday as U.S. fuel inventories rose and despite efforts by OPEC to cut production. Brent crude oil was down 20 cents at $56.74 a barrel by 0730 GMT. U.S. light crude was 25 cents lower at $51.05. Both benchmarks have risen more than 20 percent...
LONDON (Reuters) - Global supply and demand for crude oil will be largely balanced next year, as growth in consumption helps erode a three-year-old overhang of unused fuel and should mostly offset a steep rise in output, the International Energy Agency said on Thursday. In its monthly...
(Zaman Al Wasl)- Syrian Minister of Finance has seized the “movable and immovable property” of 11 members of the Ghreiwati family that led the business and finance in Syria for decades. Zaman al-Wasl reviewed a copy of the decision which was signed on the same day that an...
The arrangement helped the Syrian government to feed areas still under its control after Islamic State took over the northeastern wheat-growing region during the six-year-old civil war, they said. Traders working for businessman and lawmaker Hossam al-Katerji bought wheat from farmers...
