Oil prices slid early on Monday as Iran vowed to ramp up output and rig reductions paused in the United States, then crude futures pared losses on data showing a stockpile drawdown at the U.S. delivery hub.

• May 23, 2016

Beijing plans to roll out China's tightest fuel standards by January 2017, the official Xinhua news agency reported on Monday citing the Beijing Municipal Environmental Protection Bureau, as the smog-choked city aims to drastically cut vehicle emission.

• May 23, 2016

Pakistan accused the United States on Sunday of violating its sovereignty with a drone strike against the leader of the Afghan Taliban, in perhaps the most high-profile U.S. incursion into Pakistani territory since the 2011 raid to kill Osama bin Laden.

• May 22, 2016

Iran has no plans to freeze the level of its oil production and exports, Deputy Oil Minister Rokneddin Javadi was quoted on Sunday as saying, as the country tries to raise its crude exports to pre-sanctions levels.

• May 22, 2016

Egypt will have to work 10 times harder to revive its tourism industry, Tourism Minister Yehia Rashed said on Sunday, after a series of setbacks including the crash of an EgyptAir flight into the Mediterranean three days ago.

• May 22, 2016

The European Union is on track to renew economic sanctions on Russia over the crisis in Ukraine when they expire in July, though an extension could be contested and only short-term, diplomats and officials said.

• May 19, 2016

Russia will loan Egypt $25 billion to finance building and operating a nuclear power plant in Egypt, the official gazette said on Thursday.

• May 19, 2016

The euro zone and International Monetary are struggling with Greece's debt crisis - not with Athens this time, but with each other over when to give Greece a break on its future massive debt repayments.

• May 19, 2016