U.S. crude futures edged above $89.05 a barrel on Monday, recovering from a near 2 percent drop in the previous session, supported by the political crisis in Egypt and a drop in the U.S. unemployment rate to a 21-month low.
Investors from China and Libya are interested in buying agribusinesses in Ukraine to secure food supplies, a newspaper quoted top Austrian investment bankers as saying.
As popular protests are bring down governments or seriously compromising rulers in the Middle East, one person looking at the turn of events uneasily is the Saudi Arabian King Abdullah.
Libyan leader Moammar Qaddafi finds himself in a potentially dangerous predicament.
Morocco will stage the 2015 African Nations Cup and the 2017 edition will be hosted by South Africa, the Confederation of African Football said on Saturday.
A live blog of Al Jazeera's coverage of the riots and unrest in Egypt.
Libya has set up a $24-billion fund for investment and local development that will focus on providing housing for its rapidly growing population, the online Oea newspaper reported on Thursday.
Pakistan warned major powers on Tuesday against granting rival India membership of four key multilateral export control regimes that allow trade in nuclear and other materials, as proposed by the United States.
Algeria bought 600,000 tonnes of wheat, traders said on Monday, snapping up grain at a time of high prices and tight supply even as neighbouring countries take measures to head off Tunisia-style unrest over food inflation.
OPEC's leading oil price hawk Iran joined Venezuela and Libya on Sunday to say it saw no need for the cartel to consider raising crude supplies to rein in crude prices now near $100 a barrel.
The CIA persuaded Switzerland to destroy millions of pages of evidence showing how a Pakistani scientist helped Iran, Libya and North Korea acquire sensitive nuclear technology, according to a new book.
Food price protests sweeping across North Africa and the Middle East reached Jordan on Friday, when hundreds of protesters chanted slogans against Prime Minister Samir al-Rifai in the southern city of Karak.
The embattled Congress-led coalition government failed to announce major policy decisions on Thursday to tackle soaring food prices after days of wrangling, taking only minor measures seen as unlikely to make a major impact.
China dumped plans to import several million tonnes of expensive corn and South Korea unveiled cuts in import tariffs on some products, underscoring the dilemma over how to tackle rising food prices.
Oil prices at $100 a barrel would not harm the world economy and there is no need for OPEC to hold an emergency meeting or add supplies, Libya's top oil official said on Thursday.
Libya has abolished taxes and custom duties on locally-produced and imported food products in response to a global surge in food prices, Oea online newspaper reported.
A sum up of top events that shaped United States in past decade (2000-2010). Part 2 covers 2004 to 2008 on weapons of mass destruction, Iraq, Bush second term, Hurricane Katrina, Housing bubble burst, and Barack Obama as the first Black president.
The global economy can withstand an oil price of $100 a barrel, Kuwait's oil minister said on Saturday, as other exporters indicated global production was unlikely to rise in 2011 because the market was well supplied.
Oil hovered around its highest levels in more than two years on Friday, supported by cold weather across the globe, appetite for risk assets and no signals from OPEC it was prepared to arrest the rally.
Oil hovered around its highest levels in more than two years on Friday, supported by cold weather across the globe, appetite for risk assets and no signals from OPEC it was prepared to arrest the rally.
Arab OPEC ministers began arriving in Cairo on Thursday ahead of talks expected to broach how high an oil price the world economy can stand as crude jumped to a more than two-year high above $91 a barrel.
Leading OPEC producer Saudi Arabia said on Saturday it still favored a $70-$80 price range for oil, a restatement of a two-year-old policy that will be welcomed by consumer nations worried that rising oil prices may get out of control and hamper global economic recovery.