Wells Fargo reform plans fail to satisfy Fed after scandals: sources

The Federal Reserve has rejected Wells Fargo & Co’s plans to prevent further consumer abuses and told the scandal-plagued lender […]

China’s Unipec to buy U.S. oil after Xi-Trump tariff truce

Chinese oil trader Unipec plans to resume U.S. crude cto China by March after the Xi-Trump deal at the G20 […]

Dollar slips for a second day in quiet trading

The dollar edged lower for a second consecutive day on Thursday as greater risk appetite board encouraged investors to sell […]

IEA’s Birol appeals for ‘common sense’ as oil producers weigh supply cut

Oil supply cuts by key producers could have negative implications for markets, the head of the International Energy Agency said […]

Russian Energy Minister Novak says plans to sign OPEC partnership deal

Russian Energy Minister Alexander Novak said on Monday that the country was planning to sign a partnership agreement with the […]

Sterling edges higher as May battles to save her Brexit deal

Sterling rose on Monday as British Prime Minister Theresa May sought to win support for her draft European Union divorce […]

PetroChina agrees 2019 annual crude supply deals with Saudi Aramco, Kuwait

Chinese oil major PetroChina inked 2019 annual crude supply deals with state-owned producers Saudi Aramco and Kuwait Petroleum Corp on […]

India, Japan sign $75 billion currency swap agreement

India and Japan have signed a $75 billion bilateral currency swap agreement on Monday during Prime Minister Narendra Modi’s visit […]