France’s energy giant Total will start importing 160,000 barrels per day (b/d) of crude oil from Iran later this month, Iran’s petroleum minister says. Bijan Zangeneh said an agreement, ... Read More
Investors are concerned about ability to navigate volatile markets Deutsche Bank AG’s shares dropped almost 10% on Monday as the battered European banking sector was hit by a fresh selloff ... Read More
Euro Stoxx 50 had its largest two-day slump since August Shares now trade at biggest discount in a year vs U.S. stocks For European investors trying to assess just ... Read More
The prospects for an emergency OPEC meeting to initiate coordinated production cuts took a hit this weekend. Venezuela’s oil minister Eulogio del Pino flew to Riyadh to meet with ... Read More
Australian and Japanese markets closed sharply lower on Tuesday, after another sell-off in U.S. and European stocks overnight as many Asian markets remained shut for the Lunar New Year. ... Read More
Gold hit three-month highs on Monday, extending its biggest weekly rise since July 2013 as sliding stock markets, global growth uncertainty and a softer dollar prompted investors to seek ... Read More
Saudi Arabia has five years’ worth of reserves at current spending levels and oil prices, Shantayanan Devarajan, chief economist of the World Bank’s Middle East and North Africa Region ... Read More
The Bundesbank successfully continued its transfers of gold last year. In 2015, 210 tonnes of gold were transferred to Frankfurt am Main from storage locations abroad: around 110 tonnes from Paris ... Read More
Do you remember how much stocks went down when the first dot-com bubble burst? Well, it is happening again, and tech stocks are already down more than half a ... Read More
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