Oil producers to discuss exit plans from cuts once market nears balance: Russia

MOSCOW, Dec 23 (Reuters): Oil producers will discuss exit strategy for their deal on cutting output once the market moves closer towards being balanced, Russian Energy Minister Alexander Novak said in remarks published on Saturday."We will talk about it as we get closer to the market rebalancing," Novak was quoted...

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Flydubai finalises order for 175 Boeing 737 MAX planes

DUBAI, Dec 23 (Gulf News): Flydubai and Boeing on Friday finalised the order for 175 Boeing aircraft, making it the largest single-aisle order in the history of the Middle East.The deal, including options for an additional 50 aircraft, is valued at up to $27 billion at current list prices, and...

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Asia gold demand softens on higher prices, slow holiday trade

BENGALURU/MUMBAI, Dec 23 (Reuters): Gold demand across major centres in Asia were subdued ahead of the holiday weekend as a modest rebound in prices weighed on investor appetite.Spot gold prices rebounded to the highest in two weeks at $1,268.91 on Thursday after sinking to a five-month low last week.In top...

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