Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly build in U.S. stockpiles and as Saudi Arabia reported record output in March. The decline in ... Read More
Saudi Arabia, the world’s largest crude exporter, raised pricing for all May sales to Asia, after the country’s oil minister said global demand was improving. State-owned Saudi Arabian Oil ... Read More
Oil prices fell on Thursday as attention returned to nuclear talks with Iran, with the prospects for a deal and an increase in Iranian crude exports helping to keep pressure ... Read More
Oil futures extended losses on Tuesday, as Iran and six world powers ramped up the pace of negotiations to reach a preliminary deal that could ease sanctions and allow more Iranian ... Read More
Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. Activity ... Read More
Oil prices continued their downward spiral Friday, falling more than $1, after a short-lived rally of around 5 percent the previous day, as concerns of a disruption to supplies ... Read More
Brent crude oil shot up nearly 6 percent on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, but the benchmark later came off its high near $60 as ... Read More
The Russian ruble rose to new 2015 highs on Wednesday, shrugging off a decline in oil prices as Russian exporters continued to sell forex to pay monthly taxes. At 08:00 GMT, the ruble was 0.8 percent stronger against ... Read More
Oil prices declined further after Saudi Arabia’s oil minister said it is not the sole responsibility of Opec to raise oil prices in further indication that the biggest oil ... Read More
Oil trading near the lowest price in six years is headed for a fifth weekly drop amid signs the global supply glut is worsening. Futures were little changed in ... Read More
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