Middle-east Arab News Opinion | Asharq Al-awsat

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Saudi Energy Minister Khaled Al-Faleh, A.F.P,

OPEC: Oil Market Heading into Balance

by Asharq Al-Awsat English | Jul 4, 2016 | Business

Global oil prices eased on Monday after comments by Saudi Energy Minister Khaled Al-Faleh that the market was heading towards balance were tempered by slowing demand in Asia, pockets of gasoline oversupply and signs crude output could rise. Brent crude futures were...

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Austrian Finance Minister Hans Joerg Schelling talks to the media as he arrives for a cabinet meeting in Vienna, Austria June 21, 2016, Reuters

Austrian Finance Minister: Britain Will Remain an EU Member

by Asharq Al-Awsat English | Jul 4, 2016 | World

Austrian Finance Minister Hans Joerg Schelling told a German newspaper he expected Britain to remain a member of the European Union despite the June 23 referendum in which Britons voted to quit the bloc. Schelling also said the EU should respond to the referendum...

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Yazidi boy Emad, 5, has a jelly drink as he and his brother Murad (back), who was trained by ISIS, stand in a grocery at a refugee camp near the northern Iraqi city of Duhok April 19, 2016, Reuters

Iraqi Minorities Facing either Extinction or Exodus

by Asharq Al-Awsat English | Jul 4, 2016 | Middle East

A large portion of Iraq’s minorities are on the verge of disappearance after 13 years of war, campaigners warned on Monday. “The impact on minorities has been catastrophic. Saddam was terrible; the situation since is worse. Tens of thousands of minorities...

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The leader of the United Kingdom Independence Party (UKIP), Nigel Farage, listens during a Leave.EU campaign news conference in central London, Britain November 18, 2015. REUTERS/Stefan Wermuth

Leadsom Launches Conservative Leadership Bid, Farage Resigns as UKIP Leader

by Asharq Al-Awsat English | Jul 4, 2016 | World

Talks over Britain’s departure from the EU should be as short as possible to avoid prolonged uncertainty, prime ministerial candidate and energy minister Andrea Leadsom said on Monday as she launched her leadership bid. Leadsom, 53, second-favorite in the race...

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Pump jacks are seen in the Midway Sunset oilfield, California, in this April 29, 2013 file photo. REUTERS/Lucy Nicholson

Oil Firms as Saudi Arabia Sees Balancing Market

by Asharq Al-Awsat English | Jul 4, 2016 | Business

Oil prices rose on Monday after Saudi Energy Minister Khaled Al-Faleh said that the global market was heading towards balance, although signs of slowing demand in Asia weighed. Brent crude futures were trading at $50.58 per barrel at 1152 GMT, up 23 cents from their...