Reuters Saudi Arabia’s stock index edged higher on Monday after Al Jouf Cement and Saudi Industrial Export Co announced an export deal with Jordan, but the region as a whole traded in small ranges. The Saudi index closed 0.1 percent higher at 6,939 points. Al Jouf rose 3.4 percent and Saudi Industrial Export Co jumped 5.1 percent. Saudi Industrial Export ...

BEIJING / Reuters China’s domestic prices for liquefied natural gas (LNG) on Monday topped 7,000 yuan ($1,061) a tonne, highest since at least 2011, as demand soared with millions of homes burning gas for the winter instead of coal. Wholesale LNG prices have gained more than half their value from mid-November, meaning the jump in prices has come less than ...

BAGHDAD / Reuters Iraq on Monday invited foreign companies to bid for contracts to explore and develop oil and natural gas reserves in nine new blocks as the OPEC nation seeks to boost its output capacity. “We invite all international companies to participate,” Oil Minister Jabar al-Luaibi told a news conference in Baghdad. “This new exploration bidding round aims to ...