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OPEC, Russia rebuff Trump's call for immediate boost to oil output

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ALGIERS OPEC's leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump's calls for action to cool the market.

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OPEC, Russia rebuff Trump's call for immediate boost to oil output 23 Sep 2018

ALGIERS OPEC's leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump's calls for action to cool the market.

UPDATE 5-OPEC, Russia rebuff Trump's call for immediate boost to oil output 23 Sep 2018

* Iran softens stance on possible OPEC output increase (Updates with Falih, OPEC report)

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Crisis demands revamped South Africa defense sector -Paramount chairman 22 Sep 2018

(Corrects spelling of armed group in paragraph 20 to Houthi)

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Crisis demands revamped South Africa defence sector - Paramount chairman 21 Sep 2018

JOHANNESBURG Effective collaboration between companies across South Africa's defence industry and lucrative export markets from Central Asia to Saudi Arabia offer a way out of a crisis in the sector - once a pillar of Africa's most advanced economy - a top industry figure said.

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Pakistan invites Saudi Arabia to join China's Belt and Road corridor 20 Sep 2018

ISLAMABAD Islamabad has invited Saudi Arabia to become the third partner in the Beijing-funded Belt and Road corridor of major infrastructure projects inside Pakistan, Pakistan's information minister said on Thursday.

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OPEC unlikely to agree official output increase in Algeria, but pressure mounts 20 Sep 2018

DUBAI OPEC and its allies are unlikely to agree an official increase in crude output when they meet in Algeria this weekend, although pressure is mounting on top producers to prevent a spike in oil prices ahead of new U.S. sanctions on Iran, OPEC sources said.

UPDATE 1-Saudi's ACWA Power delays plans for IPO - sources 20 Sep 2018

DUBAI, Sept 20 Saudi Arabian utility developer ACWA Power has delayed plans for an initial public offering (IPO), originally envisaged for this year, sources familiar with the matter said on Thursday.

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U.S. oil prices surge as inventory draw adds to supply concerns 19 Sep 2018

NEW YORK U.S. oil futures surged nearly 2 percent on Wednesday as they were bolstered by a fifth weekly crude inventory drawdown and strong domestic gasoline demand amid ongoing global supply concerns over U.S. sanctions on Iran that come into force in November.

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U.S. oil prices surge as inventory draw adds to supply concerns 19 Sep 2018

NEW YORK U.S. oil futures surged nearly 2 percent on Wednesday as they were bolstered by a fifth weekly crude inventory drawdown and strong domestic gasoline demand amid ongoing global supply concerns over U.S. sanctions on Iran that come into force in November.

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Accuser of Trump's Supreme Court nominee to testify on Thursday

WASHINGTON The university professor who has accused Brett Kavanaugh, President Donald Trump's Supreme Court nominee, of sexual assault will testify before a Senate panel on Thursday about her allegation, her lawyers and the committee said on Sunday. | Video