Asia’s weakening economies, record supply threaten to create oil glut

Oil traders’ worries over record supplies arriving in Asia just as the outlook for its key growth economies weakens have […]

Oil prices jump after Saudi Arabia announces December supply cut

Oil prices jumped more than 1.5 percent on Monday after top exporter Saudi Arabia announced a supply cut in December […]

Stocks poised for biggest drop in two weeks on U.S. and China concerns

Global stocks were heading for their biggest drop in two weeks and emerging market currencies also slipped on Friday as […]

Russia clashes with Western oil buyers over new deals as sanctions loom

Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing […]

Oil prices down on Iran sanction exemptions, demand concerns

Oil prices declined on Tuesday after Washington granted sanctions exemptions to top buyers of Iranian oil, lifting supply concerns and […]

European shares join global trade war relief rally

European shares joined a global relief rally on Friday after U.S. President Donald Trump fueled hopes among investors that a […]

Black gold, white knuckles: Oil refiners face rollercoaster ride as fuel margins seesaw

Oil product margins have been tossed around on a wild rollercoaster ride in October, as factors like impending Iran sanctions, […]

Oil rises one percent ahead of U.S. sanctions on Iran

Oil prices rose more than 1 percent on Wednesday as markets braced for the imposition of U.S. sanctions on Iran […]

High oil prices hurt consumers, dent fuel demand: IEA chief

High oil prices are hurting consumers and could also have adverse implications for producers, the executive director of the International […]

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 […]