Hedge fund managers sensed oil prices were nearing a turning point last week, and for the first time in more than two months started to add long positions in anticipation prices would bounce from an unsustainable low. Overall, hedge funds and other money managers were still net sellers of...

(Zaman Al Wasl)- The Turkish forces have set up three new observation points in northern Idlib province, topping the number to 54 amid heavy reinforcements keep pouring to the last opposition stronghold in Syria despite a ceasefire deal reached last March, local activists said Sunday. ...

Saudi Arabia and Russia are "very, very close" to a deal on oil production cuts, Kirill Dmitriev, head of Russia's sovereign wealth fund, told CNBC Monday. "I think the whole market understands that this deal is important and it will bring lots of stability, so much important stability to...

 Lebanese banks are to apply an exchange rate of 2,600 pounds per dollar for withdrawals from small accounts of up to 5 million Lebanese pounds, a central bank source said Monday, in the implementation of a new circular issued Friday. Lebanon is still applying an official peg of...