Oil rises on expected OPEC cuts, though surging U.S. supply still weighs

Oil prices rose on Friday amid expectations of supply cuts from OPEC, although record U.S. production dragged. Brent crude oil […]

Oil rises as China reports record crude imports, but soaring U.S. output caps gains

Oil prices rose on Thursday after record Chinese crude imports eased concerns that a slowdown in the world’s No.2 economy […]

Trump’s Iran sanctions resolve faces test from oil-thirsty China, India

Shortly after U.S. President Donald Trump announced in May he would reimpose sanctions on Iran, the State Department began telling […]

European stocks bounce back on Italy relief, China growth worries linger

Concern over China’s slowing economy dented U.S. stock futures and kept world stocks under pressure on Monday although European shares […]

Oil up but set for weekly loss on stock build, trade row

Oil prices rose on Friday on signs of surging demand in China, the world’s second-biggest oil consumer, although the market […]

Trump administration grants license for Taiwan submarine project

Taiwan’s Central News Agency reported on Saturday that the Trump administration has approved the marketing license required for American manufacturers […]