Top oil exporter Saudi Arabia may raise crude prices for Asia in May after OPEC+ announced additional production cuts to shore up the market just as China's demand is expected to increase in the second quarter as refineries finish maintenance.
The United Arab Emirates' commitment to a long-term strategic relationship with Israel should survive political turbulence, analysts say, after one of the most right-wing governing coalitions in Israel's history prompted widespread anger. A series of recent moves and comments by Prime Minister Benjamin Netanyahu's government has infuriated the public in much of Arab world, and drew condemnation from the UAE, including over Israeli settlement policy in the occupied West Bank.
Venezuela's attorney general said on Friday he was investigating alleged acts of corruption in state-owned metals conglomerate Corporacion Venezolana de Guayana (CVG).
Efforts to remove carbon dioxide (CO2) emissions from industry and store them underground have gathered pace across Europe over the past few years as countries scramble to meet climate goals.
The Mexican economy could grow up to 3.0% both this year and next, boosted by increased manufacturing investment and cooling inflation, according to a copy of the government's latest budget forecasts seen by Reuters on Friday.