Persisting social unrest and torrential rains risk damping France’s economic recovery. At a time President Francois Hollande is struggling to maintain economic momentum, the costs of floods and strikes hitting Continue Reading
The pound slumped as much as 1.1 percent after weekend polls showed Britons favor exiting the European Union, spooking some investors who have been betting the U.K. would vote to Continue Reading
The logo of France’s state-owned electricity company EDF is seen next to the Electricite de France (EDF) thermal electricity production plant in Cordemais, France, April 21, 2016. EDF Energy Renewables, Continue Reading
Oil production is probably close to its peak level currently. At best supply can stay the same, but is more likely to drop. Global oil demand, though, has been growing Continue Reading
Crude rose while the number of rigs drilling for oil in the U.S. rose for only the second time this year. Futures in New York gained as much as 0.7 Continue Reading
Oil’s recovery from a 12-year low may be too good to last as Iranian output rebounds faster than expected. OPEC last week stuck to its policy of unfettered production, deciding Continue Reading
OPEC meetings aren’t what they used to be. Far from sending the oil market into gyrations, the run-up to last week’s OPEC meeting kept oil pinned near $50 a barrel Continue Reading
Asian shares rose on Monday and the dollar wallowed close to its lowest in nearly a month after U.S. nonfarm payrolls showed the slowest job growth in more than five Continue Reading
Saudi Arabia on Sunday cut its oil prices to Europe, signaling mounting competition after OPEC failed to cap its output amid Iran’s exports ramp up. In an email sent to Continue Reading
An Iranian military fighter plane flies past an oil tanker during naval manoeuvres in the Gulf and Sea of Oman April 5, 2006. More than 25 European and Asian-owned supertankers Continue Reading
