OPEC is unlikely to change its production ceiling when the group meets in June, Iran's Oil Minister Bijan Zanganeh said Sunday, according to the semi-official Mehr news agency. "Lowering OPEC's production ceiling requires consensus between all members ... under current conditions it seems...

(AP) — Syrian state media says the central bank is pumping up to $200 million into the market to help boost the sagging Syrian pound. Three government newspapers — Baath, Thawra and Tishrin — carry reports Monday about the plan. The Syrian pound has plummeted against the dollar, spiking...

Asian stocks bounced off lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world's second-largest economy. Spreadbetters expected the equity markets to open...

(Reuters) - Saudi Arabia's Supreme Economic Council has approved a restructuring of state oil company Saudi Aramco [SDABO.UL] that includes separating it from the oil ministry, Al Arabiya television channel reported on Friday, citing sources. There are no indications that the move will...