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News
Oil up on Saudi support, China; poll shows less OPEC output
Oil prices jumped 3 percent on Monday after China moved to boost its slowing economy and Saudi Arabia pledged to work with other crude producers to limit market volatility, developments that fed hopes the oil selloff would end.
News
Asia's oil markets in upheaval as China, India change the game
Asia's oil markets are being upended as India's and China's refiners overtake once-dominant buyers like Japan and challenge the United States as the world's biggest consumer.
News
New market storm could catch euro zone unprepared
Distracted by an unresolved migration crisis and negotiations on keeping Britain in the European Union, euro zone leaders could be caught unprepared by a new storm on financial markets.
News
New market storm could catch euro zone unprepared
Distracted by an unresolved migration crisis and negotiations on keeping Britain in the European Union, euro zone leaders could be caught unprepared by a new storm on financial markets.
News
China says EU should take steel dumping claims to WTO
China's Ministry of Commerce said that claims it was dumping steel in Europe should be put to the World Trade Organization (WTO), responding to reports that the European Commission (EC) was preparing to impose duties on imported Chinese steel.
News
Russia and Turkey trade accusations over Syria
Russia said on Thursday it suspected Turkey was preparing a military incursion into Syria, as a Syrian army source said Aleppo would soon be encircled by government forces with Russian air support.
News
Oil drops 6 pct on China data, slim chances of OPEC deal
U.S. crude oil prices fell 6 percent on Monday as weak economic data from China, the world's largest energy consumer, reversed a four-day rally from last week and an OPEC source undermined chances of an emergency meeting to stem the decline.
News
Oil jumps after Russia dangles prospect of OPEC cooperation
Oil futures surged on Wednesday after Russia indicated there was a possibility of co-operation with OPEC, fanning hopes for a deal to reduce a global oversupply that sent prices to the lowest levels in over a dozen years last week.
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