A Lebanon-based consulting company hit by US sanctions said Friday it was surprised by the move and accused Washington of seeking to choke the battered Lebanese economy. The United States imposed sanctions Thursday on an official from Hezbollah, a movement backed by Iran and deemed a...

The Saudi Energy Minister warned traders Thursday against betting heavily in the oil market saying he will try to make the market "jumpy" and promised those who gamble on the oil price would be hurt "like hell". The comments by Prince Abdulaziz bin Salman, OPEC's most influential minister,...

Swiss exports of gold to the United States all but halted in August while shipments to China and India rose, customs data showed on Thursday, suggesting a big transfer of bullion to New York that followed the cororonavirus outbreak has run its course. The pandemic upended the global gold...

Oil prices fell on Thursday, after rising steeply in the two previous sessions, as concerns about weak fuel demand re-emerged and producers in the Gulf of Mexico prepared to resume output following Hurricane Sally. Brent crude  futures fell 67 cents, or 1.6%, to $41.55 a barrel at 0628...