China says it will support the pilot free trade zones in undertaking more experiments with reform and opening up. It said that it will also […]
Oil prices rise after U.S. crude stockpile drop
Oil prices rebounded slightly on Wednesday after a steep fall in the previous session as OPEC and its allies’ decision to extend output cuts was […]
OPEC re-elects Barkindo as Sec-Gen; seeks global oil cut
The Organization of Petroleum Exporting Countries (OPEC ) on Monday night announced the re-election of Nigeria’s Mohammed Barkindo as Secretary General for a three-year tenure. […]
Oil firms as OPEC poises to extend supply cut
Oil prices were up on Monday as OPEC and its allies looked on track to extend supply cuts until at least the end of 2019 […]
Oil prices drop as traders wait for G20, OPEC+ meetings
Oil prices fell on Thursday to erase some of the previous session’s strong gains, as traders wait for the G20 summit in Japan and for […]
Oil prices jump to $65.91 as U.S. crude stocks fall, Middle East worries add support
Oil prices rose more than one per cent on Wednesday to their highest in nearly a month as industry data showed U.S. crude stockpiles fell […]
Oil refiner sees growth in Indian fuel demand above 4% in 2019
Growth in India’s fuel demand is set to remain at four to 4.5 per cent this year, driven by consumption of gasoline and jet fuel […]
Oil prices drop amid demand worries, but U.S.-Iran tensions support
Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting […]
Gold poised for fresh peaks after vaulting six-year high
Gold looks set for further gains after rising bets on lower interest rates, a weaker dollar and confrontations between the United States and countries including […]
Dollar struggles after biggest weekly drop in four months
The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about […]