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Oil rebounds as OPEC uncertainty spurs volatility

  Bloomberg Oil rebounded from its longest losing streak in two months as uncertainty over an OPEC output deal amid growing US crude stockpiles and the upcoming American election kept markets volatile. US inventories rose by a record last week, and OPEC members claiming exemption from an agreement to limit supplies boosted production in October. While the stockpile gain was ...

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Qatar population tops 2.6 mn

  Doha / AFP Qatar’s population has passed the 2.6 million mark as the emirate draws in thousands of workers to build the infrastructure for the 2022 football World Cup, official figures showed Wednesday. The tiny Gulf state has seen a more than four-fold increase in its population since 2000 as oil and gas revenues have fuelled a rapid economic ...

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Iranian carpet makers target US with peace message

  Reuters Iran’s carpet makers are distancing themselves from their government in promoting their handmade work as they seek to regain valuable US sales and protect jobs following the removal of economic sanctions. “Iranian carpets are produced by female and male weavers who are managed by the private sector, so the government does not have a big influence,” Hamid Kargar, ...

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