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Brent oil falls four percent to three-month low as supply outage concerns ease
Oil prices slumped about $3 on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.
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After Helsinki, U.S. intel chief defends findings on Russian meddling
The U.S. intelligence community has been clear about the threat posed by Russian political interference and will continue “to provide unvarnished and objective intelligence” assessments, the Director of National Intelligence said on Monday.
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Oil rises but declines for the week as supply concerns ease
Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions.
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Trump to talk to Russia's Putin about substantially reducing nuclear weapons
U.S. President Donald Trump said he would discuss substantial reductions to nuclear weapons when he meets Russian President Vladimir Putin but cautioned that a “rigged witch hunt” in the United States was hampering efforts to improve relations.
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Brent oil rises on concerns about spare capacity
Brent crude strengthened late on Thursday, recouping some of its losses from the previous session, as market focus returned to concerns about spare capacity following a warning from the International Energy Agency (IEA).
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Higher oil prices to spur Farnborough jet orders: IBA
Global planemakers could reap 900 orders and commitments at next week’s Farnborough Airshow, down only slightly from last year’s comparable event, as strong oil prices prompt airlines to add to their bulging order books, aviation consultancy IBA Group said.
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Third of sovereign funds plan to cut equity holdings, cite trade war fear
Over a third of sovereign investors plan to cut their equity exposure over the next three years after a strong run in 2017, citing trade wars, geopolitics and high valuations as headwinds to performance, a study by asset manager Invesco showed.
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Aramco more resilient to oil slump than listed rivals: accounts
Saudi Aramco is more resilient to oil price slumps than its biggest listed rivals, its 2016 accounts indicate, giving a rare insight into the state energy giant’s finances ahead of a proposed flotation.
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