The OPEC nations expected to agree on continuing the current production curbs for next nine months.

Analysts attribute the slump to apprehensions that oil producing nations would fail to stem excess supply.

The two countries stop short of pledging a production freeze despite calls from several O.P.E.C. members.

By Michael Lerner The tentative deal to sell Tehran 100 passenger aircraft will need Washington's approval.

Aramco increased output to an all-time high last year while keeping its reserves unchanged.

Saudi Arabia also indicated that it would increase crude oil production.

Teva has found buyers for nearly all of the assets it expects to divest.

The financial sector, which is estimated to see gains of $37 billion, could be the biggest beneficiary.

The “unlawful financial assistance” charges were slapped on the parent company in last July.

The 5 percent levy is expected to boost the U.A.E.’s income by about $3.3 billion.