Energy in America

IMF: Saudi unemployment up, economy stagnant despite reforms

The International Monetary Fund says Saudi Arabia's economic growth is expected to remain stagnant this year as unemployment rises among Saudi nationals, despite major efforts at overhauling the economy and diversifying revenue streams following a sharp decline in oil prices three years ago.

Saudi says oil deal with Russia helping market, demand healthy

World energy markets can handle supplies of U.S. shale oil next year as demand is rising and deals between Russia and Saudi Arabia have helped stabilize crude prices, Saudi Arabia said on Thursday, suggesting confidence about the outlook.

Saudi says oil deal with Russia helping market, demand healthy

World energy markets can handle supplies of U.S. shale oil next year as demand is rising and deals between Russia and Saudi Arabia have helped stabilize crude prices, Saudi Arabia said on Thursday, suggesting confidence about the outlook.

Business Highlights

___ Damage from US hurricanes to blur Friday's Sept. jobs report WASHINGTON (AP) — The government's September jobs report will provide a blurrier-than-usual snapshot of the economy.