Asian stocks tracked Wall Street higher on Thursday although sentiment was cautious ahead of U.S. employment data while copper prices jumped to more than six-month highs on a better global outlook and supply fears in top producer Chile.
Energy giant BP has agreed to sell its petrochemicals business to British chemicals company Ineos in a $5 billion deal that will help reshape its business for the global transition to lower-carbon energy.
A recovery in world stocks faltered on Monday as the threat of rising coronavirus infections in parts of Europe and the United States curbed risk appetite, boosting demand for safe-haven gold.
Iraq and the United States have affirmed their commitment to the withdrawal of U.S. troops from Iraq without giving a timeline, state news agency INA said on Friday, citing Iraq's Prime Minister Mustafa Al-Kadhimi.
Stock markets nudged down from more than three-month highs on Wednesday, while the dollar stumbled as caution took hold ahead of a U.S. Federal Reserve meeting.
Crude-oil futures were volatile in electronic trade Sunday night after OPEC and allied nations agreed Saturday to extend a production cut of nearly 10...
World shares surged on Wednesday as reports of a European Union rescue fund helped offset concerns about unrest in Hong Kong over Beijing's proposed national security laws.
* Asian stock markets : https://tmsnrt.rs/2zpUAr4
A gauge of Asian stocks pared early gains on Monday amid souring relations between China and the United States, with Hong Kong shares extending losses on mounting fears about future stability in the city.
The dollar inched higher, stock markets struggled for traction and oil dropped on Monday as a U.S.-China spat over the origin of the coronavirus put the brakes on optimism about an economic re-start as countries around the world ease restrictions.
Saudi Arabia will isolate an industrial area of the eastern city of Dammam from Sunday, preventing entry and exit until further notice, to curb the spread of the new coronavirus, state news agency SPA said on Saturday.
Oil prices gained on Wednesday after U.S. stockpiles rose less than expected and gasoline stocks fell and buoyed by hopes demand will improve as some European countries and U.S. cities moved to ease coronavirus lockdowns.
West Texas Intermediate futures rose 20%, extending a period of huge volatility that has ricocheted through the energy industry and broader financial markets.
The formerly unthinkable drop in oil prices below $0 a barrel on Monday is still reverberating through financial markets, as supply overwhelms demand...
Oil futures trade mixed Wednesday, with the energy complex attempting to stabilize itself amid persistent pressure centered on a glut of crude and a dearth...
U.S. President Donald Trump described a historic drop in oil prices on Monday as short-term and stemming from a "financial squeeze," adding the administration would consider stopping oil shipments from Saudi Arabia to lift the market.
Caution recaptured world markets on Monday as a near 30% drubbing for U.S. WTI crude oil kicked off a busy week of data and earnings that will drive home the damage being inflicted by global coronavirus lockdowns.
World stocks gained on Tuesday after Chinese trade data came in better than expected and as some countries tried to restart their economies by partly lifting restrictions aimed at containing the coronavirus pandemic.
Crude prices are climbing after comments from President Donald Trump over a damaging price war between Russia and Saudi Arabia.
Asian shares faced another leg lower on Wednesday as the coronavirus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly decline in more than a decade and oil prices to trade near lows last seen in 2002.
Global equities rebounded almost 2% on Tuesday, off near four-year lows, and the dollar slipped as investors pinned hopes on unprecedented stimulus steps by the U.S Federal Reserve and other policymakers to ease strains in financial markets.
Stocks plunged on Friday with coronavirus panic selling hitting nearly every asset class, before finding some kind of floor as hopes turned to a U.S. stimulus package.
A spate of news hit the oil markets on Wednesday—from downgraded estimates on U.S. crude production and global demand, to plans by Saudi Arabia and the...
Saudi Arabia fired another salvo in its oil-market war with Russia on Wednesday, unveiling plans to boost its oil-production capacity to a record 13 million barrels a day. The price of crude oil fell more than 3% after the announcement.
U.S. stocks have been experiencing some of the most volatile trade in recent memory and that trend appeared to continuing into Tuesday morning as the three...
Oil prices plunged around 25% on Monday, heading towards their biggest daily loss since 1991 after Saudi Arabia slashed prices and set plans for a big increase in crude production in April.
OPEC has proposed making substantial production cuts in order to halt an oil price slide, an announcement that has heaped pressure on Russia