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.
Germany urges Russia and Ukraine to ease tension over Crimea, keep talking
Germany's foreign minister urged Russia and Ukraine on Monday to reduce tensions over Crimea and stick to the troubled Minsk peace accords as a way of ending hostilities in eastern Ukraine.
Modest euro zone economic growth masks diverging performance around bloc
Euro zone economic growth halved in the second quarter to a modest pace, as a mild slowdown in Germany was overshadowed by a surprise stagnation in Italy, offering scant hope of a decisive rebound for the currency bloc as a whole any time soon.
U.S.-backed forces say launch final assault against Islamic State in Syria's Manbij
U.S.-backed forces battling Islamic State near the Turkish border in northern Syria said on Friday they had launched a final assault to flush the remaining jihadists out of the city of Manbij.
Philippines seeks formal talks with China amid South China Sea tension: Ramos
The Philippines wants formal negotiations with China to explore pathways to peace and cooperation, the Southeast Asian nation's special envoy, Fidel Ramos, said on Friday, after a meeting with former Chinese deputy foreign minister Fu Ying.
|
