Russia’s ruble climbed for a second day as local companies bought the currency to meet tax payments, negating the impact of weaker oil prices. The currency of the world’s biggest Continue Reading
Oil prices fell in Asian trading on Thursday, adding to a slump in the previous session, after U.S. stockpiles rose for the sixth week to another record, sapping the strength Continue Reading
Oil prices extended losses Thursday after U.S. supply data a day earlier showed swelling stockpiles and stubbornly high production, further retreating from the $40-a-barrel range and dashing the view of Continue Reading
Oil prices fell in Asian trading on Thursday, adding to a slump in the previous session, after U.S. stockpiles rose for the sixth week to another record, sapping the strength Continue Reading
Deferrals in global oil and gas projects may increase to half a trillion dollars this year, up from the previous estimate of $400 billion, a Wood Mackenzie consultant says. Wood Continue Reading
The world’s central banks and the wave of unorthodox monetary policy may be offsetting what ought to be a boost to global growth from cheap oil, according to research by Continue Reading
Natural gas prices shook off early losses Thursday and climbed higher after weekly supply data was less bearish than expected. Natural gas futures rose 0.7% to settle at $1.8060 a Continue Reading
The only OPEC members that haven’t pledged to attend talks in Doha next month aimed at freezing oil production levels are Iran and Libya: the two nations with the greatest Continue Reading
The Iranian government aims to boost its non-oil trade relationship with neighboring Iraq, a visiting delegate said during a trade visit to Baghdad. The official Islamic Republic News Agency reports Continue Reading
Russia and the US pledged on Thursday to push for a faster political resolution to the Syrian crisis and broaden their efforts to secure a continuation of a month-old ceasefire. It was Continue Reading
