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Crude oil extends gains after surge on short-covering, cold spell
Crude oil futures extended gains Monday following a surge at the end of last week on short-covering and fuel demand…
Oil rebounds off 12-year lows on ECB remarks
Oil prices jumped, rebounding off 12-year lows Thursday, as hopes for easier monetary policy in Europe calmed…
Oil prices hit fresh 12-year low under $28 a barrel
Oil prices dived to a 12-year low, falling under $28 a barrel in early Asia trade Wednesday, as a glut continues to…
Saudi oil minister al-Naimi sees stability returning to oil markets
Oil-market stability will be achieved through cooperation among major producers but this will likely take time,…
Yen loses steam as yuan firms following China’s anti-speculation move
The safe haven yen shed Monday's earlier gains after China's central bank unleashed a fresh step to curb offshore…
Oil hits lowest since 2003 as Iran sanctions lifted
Oil prices hit Monday their lowest since 2003, as the market braced for a jump in Iranian exports after the lifting…
Oil dives below $29 on prospects of more Iran crude, China worries
Oil prices crashed 6 percent Friday to close below $30 a barrel for the first time in 12 years, resuming this…
China’s yuan slips amid global gloom, stocks stage late rally
China's yuan currency slipped despite the efforts of the authorities Thursday, as the gloom in global markets…
Brent drops to another 12-year low as Iran supply looms
Brent crude dropped to a new 12-year low Thursday as the prospect of more oil supplies from Iran loomed, amid gloom…
China holds line on yuan, stocks weaken again
China's central bank held the line on its yuan for a fourth straight session on Wednesday while putting the squeeze…