Oil prices fall as coronavirus case surge heightens demand fears
MELBOURNE/SINGAPORE (Reuters) – Oil prices slipped on Thursday on concerns that a spike in new coronavirus cases in China and…
Global stocks jump on Fed support, easing second wave fears
TOKYO/HONG KONG (Reuters) – Asian shares rallied and the dollar fell on Tuesday as risk appetite was bolstered by the…
Oil prices ease as coronavirus infections rise
TOKYO (Reuters) – Oil prices dipped on Tuesday on jitters that a rise in coronavirus infections around the world could…
Oil prices rise 2% on optimism around OPEC+ output pact
NEW YORK (Reuters) – Oil prices rose more than 2% on Monday as signs that fuel demand was recovering, while…
Stocks rebound on Fed debt program, oil recovers
NEW YORK (Reuters) – A gauge of global equities rebounded on Monday after the Federal Reserve widened its program of…
World shares stem losses as fresh lockdown fears fade
NEW YORK (Reuters) – Global equity markets bounced back on Friday as investors took in stride the U.S. Federal Reserve’s…
Asian stocks set to fall sharply as Wall Street tumbles
NEW YORK (Reuters) – Asian equities are set to fall sharply on Friday after Wall Street stocks and oil tumbled…
Oil rises as traders await OPEC+ meeting on extending supply cuts
SEOUL (Reuters) – Oil prices moved higher on Friday as traders await cues from a meeting that could take place…
Oil up on lower U.S. stocks, firmer demand
LONDON (Reuters) – Oil prices firmed on Wednesday on signs of improving demand and a drawdown in U.S. crude inventories,…
Occidental offering voluntary job buyouts, citing need for spending cuts: document
(Reuters) – Occidental Petroleum Corp (OXY.N) is offering its employees voluntary buyouts over the next two weeks, according to a…
Asia stocks set to rise as Wall Street jumps on lockdown easing hopes
NEW YORK (Reuters) – Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing…
Crude oil futures drop at open of Asian trading
FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd…
China crude oil runs hit 15-month low as virus cripples demand
BEIJING/SINGAPORE (Reuters) – China’s daily crude oil throughput in March sank to a 15-month low with state refiners maintaining deep…
Russia’s Putin, Saudi crown prince discuss OPEC+: Kremlin
MOSCOW (Reuters) – Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed a planned OPEC+ reduction of…
Trump agrees to help Mexico meet global oil cut target
WASHINGTON/MEXICO CITY (Reuters) – U.S. President Donald Trump said on Friday he would help Mexico contribute to global oil output…
Saudi, others resist Mexican plan to make small oil output cuts – sources
DUBAI (Reuters) – Saudi Arabia and other oil producers in the OPEC+ group pushed back on Friday on a Mexican…
Saudi crown prince, Russia’s Putin discuss efforts to stabilize oil markets: SPA
CAIRO (Reuters) – Saudi Arabia’s Crown Prince and Russian President Vladimir Putin reviewed in a telephone conversation on Friday the…
Saudi-Mexican clash halts record oil cut deal despite Trump pressure
MOSCOW/LONDON/DUBAI (Reuters) – Top oil nations struggled to finalise record output cuts at G20 talks on Friday to boost prices…
Trudeau self-isolates as wife is tested for coronavirus
OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau and his wife Sophie are in self-isolation after she came down with…
Canceled Teck oil sands project underscores global climate-energy policy tension
WINNIPEG, Manitoba/OTTAWA (Reuters) – Teck Resources Ltd’s surprise decision to cancel a planned C$20.6 billion ($15.6 billion) oil sands mine…
Oil slides 4% on demand concerns as coronavirus spreads
LONDON (Reuters) – Oil prices slumped by 4% on Monday as the rapid spread of the coronavirus in countries outside…
Oil edges up as output cut hopes offset coronavirus concern
NEW YORK/LONDON (Reuters) – Oil prices inched up on Monday as concerns over the economic fallout from the coronavirus outbreak…
Asia shares feel a chill as China virus risks mount
SYDNEY (Reuters) – Asian shares took a sudden turn for the worse on Tuesday as mounting concerns about a new…
Oil steadies as Chinese economy offsets trade optimism
NEW YORK (Reuters) – Oil prices steadied on Friday as sluggish economic growth in China, the world’s biggest crude importer,…
Shares set fresh records, lifted by U.S. housing data
NEW YORK (Reuters) – Key world equity indexes scaled new highs on Friday, boosted by a surge in U.S. housing…
Banks lobby Aramco for incentive fee after slim IPO pickings: sources
DUBAI/LONDON (Reuters) – Global banks who worked on Saudi Aramco’s (2222.SE) record initial public offering are pushing for an additional…
Aramco shares up 1.6% in third consecutive day of gains
FILE PHOTO: Participants attend the official ceremony marking the debut of Saudi Aramco’s initial public offering (IPO) on the Riyadh’s…
Saudi Aramco tops Crown Prince’s $2 trillion goal as shares surge
DUBAI/RIYADH (Reuters) – Saudi Aramco (2222.SE) topped the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman…
Asian shares buoyed by Wall St rally, but China worry caps gains
SYDNEY (Reuters) – Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs…
China November crude oil imports hit record high as refiners race to use up quotas
BEIJING (Reuters) – China’s crude oil imports hit a record high on a daily basis in November, as refiners operated…
Saudi, Russia push through deeper new oil cuts
(Reuters) – Saudi Arabia and Russia spearheaded a deal on Friday in which OPEC and its allies committed to some…
Saudi Aramco shares priced at top of range in world’s biggest IPO
FILE PHOTO: A sign of Saudi Aramco’s initial public offering (IPO) is seen during a news conference by the state…
Saudi Aramco says IPO priced at top to make it world’s biggest IPO
RIYADH/DUBAI (Reuters) – State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its…
Global stocks falter on trade uncertainty; sterling gains
NEW YORK (Reuters) – The dollar slid and global equity markets traded little changed on Thursday as enthusiasm over Apple…
Saudi Aramco prices shares at top of range in world’s biggest IPO
DUBAI/RIYADH Reuters) – State-owned oil giant Saudi Aramco’s initial public offering (IPO) will be the biggest in history, but will…
Asian stocks rise as trade talks gain momentum
TOKYO (Reuters) – Asian stocks rose on Tuesday as an apparent olive branch from Beijing in trade talks with Washington…
Oil prices steady amid hopes for U.S.-China trade deal
FILE PHOTO: Oil pump jacks at sunset near Midland, Texas, U.S., August 21, 2019. REUTERS/Jessica Lutz/File Photo TOKYO (Reuters) –…
Saudi Aramco markets IPO in Dubai after approaching Kuwait fund
DUBAI (Reuters) – Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying…
Asia shares in waiting mode ahead of Fed, ECB events
SYDNEY (Reuters) – Asian share markets got the week off to a muted start on Monday as jaded investors awaited…
Dollar, stocks slip amid trade deal uncertainty
NEW YORK (Reuters) – The dollar slid and global equity markets fell on Monday after U.S. President Donald Trump’s remarks…
Stocks gain on trade hopes, risk appetite lifts dollar
NEW YORK (Reuters) – The dollar strengthened and global stock markets rallied on Monday on signs the United States and…
Asian shares rally on U.S.-China trade deal hopes
TOKYO (Reuters) – Asian shares closed in on their July peak on Tuesday on increasing signs the United States and…
Encana plans move to the U.S., changes name
FILE PHOTO: Encana offices is pictured in Parachute, Colorado, U.S. on December 10, 2014. REUTERS/Jim Urquhart/File Photo (Reuters) – Canadian…
Aramco IPO will come soon, Saudi crown prince to decide: energy minister
FILE PHOTO: The Saudi Aramco logo pictured at the company’s oil facility in Abqaiq, Saudi Arabia, October 12, 2019. REUTERS/Maxim…
U.S. Treasury temporarily blocks creditor seizure of refiner Citgo
CARACAS (Reuters) – The United States on Thursday temporarily blocked a creditor seizure of Citgo, a win for political leaders…
Stocks flat on data, earnings; pound volatile
NEW YORK (Reuters) – A gauge of world stock markets was flat on Wednesday as U.S. data that raised concerns…
Oil rises on hopes OPEC will extend supply cuts, weaker U.S. dollar
HOUSTON (Reuters) – Oil rose on Wednesday, gaining support due to signs that OPEC and allied producers will continue to…
Groups bidding for PES refinery due to tour fire-damaged site: sources
NEW YORK (Reuters) – Groups vying for the idled Philadelphia Energy Solutions oil refinery have entered the second phase of…
China criticizes new U.S. sanctions over Iranian oil deals
BEIJING/NEW YORK (Reuters) – China on Thursday criticized the United States for imposing new U.S. Secretary of State Mike Pompeo…
Saudi Arabia consults allies on oil attack, awaits result of investigation: official
UNITED NATIONS (Reuters) – Saudi Arabia is in consultation “with friends and allies about the next steps to take” after…
Saudi Arabia says consulting on next steps after attack, waiting for inquiry results
UNITED NATIONS (Reuters) – Saudi Arabia is in consultation “with friends and allies about the next steps to take” after…
Saudi crude loadings fall in September after attacks: trackers
LONDON (Reuters) – Saudi Arabia’s crude exports dropped steeply following the Sept. 14 attacks and remain lower month-on-month, according to…
Stocks fall as Trump impeachment talk grows; sterling up after Brexit ruling
NEW YORK (Reuters) – A gauge of global stocks fell for a third day on Tuesday as a push by…
Asian shares edge lower as U.S. House readies Trump impeachment inquiry
TOKYO (Reuters) – Asian stocks fell on Wednesday after the U.S. lawmakers called for an impeachment inquiry into President Donald…
Oil drops to lowest since Aramco attacks after Trump scolds China
HOUSTON (Reuters) – Oil prices plunged more than 2% on Tuesday to their lowest since the Sept. 14 attacks on…
Shares edge up after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve…
Military strike against Iran would result in ‘all-out war’: Zarif
DUBAI (Reuters) – Any U.S. or Saudi military strike against Iran would bring “all-out war”, Tehran said on Thursday, keeping…