Iraq to increase oil output and exports, waits on Iran sanctions – minister

Iraq plans to increase its oil output and export capacity in 2019, with a focus on its southern oilfields, and […]

Sterling rises after report EU to compromise on Irish border Brexit proposal

Sterling rose a quarter of a percent on Tuesday as hopes grew for a Brexit deal breakthrough, encouraging investors to […]

Pound to bounce 5.5 percent if Brexit deal struck

Sterling will rise around 5.5 percent against the dollar if Britain and the European Union agree a divorce deal, a […]

Sterling heads for second best week of 2018 on Brexit hopes, BoE signals

Sterling gained on Friday, putting it on course for its second best week of 2018 on optimism for a Brexit […]

Pound surges after UK minister says expects Brexit deal in November

The pound jumped on Wednesday after Britain’s Brexit minister said he expected a divorce agreement with the European Union to […]

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 […]

Sterling stuck near two-month lows before UK budget speech

The pound inched down to just above two-month lows on Monday as traders prepared for the British finance minister’s annual […]

Pound jumps on report EU may offer Britain UK-wide customs union

Sterling gained half a percent versus the dollar and euro on Tuesday after Ireland’s RTE News reported that the European […]

Euro wilts before EU decision on Italy budget

The euro fell toward a two-month low on Tuesday before a meeting by the European Commission on Italy’s budget that […]