Saudi signals it may hit new oil output record ahead of freeze talks
Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new record level, overtaking Russia, the world's top oil producer, as it gets ready for tough talks next month for a global output freeze pact.
Russia, spurning U.S. censure, launches second day of Syria strikes from Iran
Russia launched a second day of air strikes against Syrian militants from an Iranian air base, rejecting U.S. suggestions its co-operation with Tehran might violate a U.N. resolution as illogical and factually incorrect.
Political risk? Banking crisis? Investors buy euro zone debt anyway
Unrelenting demand for fixed income has pushed yields, in Europe at least, to a point where investors no longer distinguish one country's bonds from another's -- potentially storing up trouble for when focus returns to the economic drivers behind borrowing costs.
Russia uses Iran as base to bomb Syrian militants for first time
Russia used Iran as a base from which to launch air strikes against Syrian militants for the first time on Tuesday, widening its air campaign in Syria and deepening its involvement in the Middle East.
Oil at five-week high as OPEC sources, Russia, talk of cooperation
Oil settled up nearly 2 percent on Tuesday, hitting five-week highs for a second straight day as sources at OPEC spoke of Saudi Arabia's apparent desire for higher crude prices while Russia met the producer group to discuss the market.
Putin hints at war in Ukraine but may be seeking diplomatic edge
Ukraine says it thinks Vladimir Putin is planning a new invasion, and it's not hard to see why: the Russian leader has built up troops on its border and resumed the hostile rhetoric that preceded his annexation of Crimea two years ago.
OPEC deal a tough task, as oil output freeze expectations rise
OPEC will probably revive talks on freezing oil output levels when it meets non-OPEC nations next month as top exporter Saudi Arabia appears to want higher prices, according to OPEC sources, although Iran, Iraq and Russia present obstacles to a deal.
Only special Russian decree could bar Rosneft from Bashneft sale - ministry letter
Russia's Economy Ministry has advised Prime Minister Dmitry Medvedev he would have to issue an unprecedented special decree if he wants to bar state-controlled oil major Rosneft (ROSN.MM) from the privatization of a mid-sized energy group, according to a letter seen by Reuters.
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