Rolls-Royce Holdings PLC RYCEY, +0.41% will reduce its marine division’s workforce by a further 800 as part of a plan to reduces losses at the unit. The British aircraft-engine ... Read More
Crude oil prices–and the shares of U.S. oil and gas companies–surged over 8% Wednesday as the Organization of Petroleum Exporting Countries (OPEC) agreed to cut its output by some ... Read More
Oil prices shot up 13 percent, smashing trading volume records, after OPEC and Russia cut a deal to reduce output to drain a global supply glut, but analysts warned ... Read More
U.S. oil climbs above $50, building on 9.3% gain on Wednesday Private jobs data adds to U.S. rate outlook before payrolls Asian equities rallied the most in three weeks ... Read More
OPEC has reached a deal amongst all 14 member countries to curtail oil production for the first time since 2008, according to several media reports. Multiple media reports, citing ... Read More
Output pact under threat as day of Vienna meeting dawns Greenback climbs with Treasuries premium at nine-year high Oil held below $46 a barrel ahead of a make-or-break OPEC ... Read More
It’s all getting very nervy ahead of the Organisation of the Petroleum Exporting Countries‘ (Opec) meeting later today. Members of the producer cartel will be trying to get the ... Read More
Asian stocks tried to stabilize after a rocky November month drew to a close, but Wednesday’s session brought new anxieties as Chinese equities and commodities tanked amid worries that ... Read More
Copper suffers in first loss for seven days; zinc, nickel down European stocks open lower with Italy focus; Asia shares mixed Oil retreated back below $47 as OPEC members ... Read More
Oil prices fell on Monday, adding to Friday’s steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday ... Read More
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