Explainer: Asia oil and LNG markets are both swamped, so why are prices poles apart?

Asian markets for liquefied natural gas and oil are closely related, and both now awash in oversupply. But while data […]

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, […]