Saudi bank deposits reach lowest level in 25 years
While Saudi Arabia is pumping record amounts of oil this year, low crude prices seem to be backfiring. As borrowing…
Browsing Tag
Crude
Oil eases on firm dollar, glut after gains on U.S. supply data
Crude oil futures eased on Thursday pressured by firmer U.S. dollar and supply surplus concerns on thin…
Asia stocks stumble on geopolitical tensions
Asian stocks were on edge on Wednesday as geopolitical tensions flared after Turkey downed a Russian fighter jet,…
Oil jumps further after big rally on increased Mideast risk
Crude oil futures extended gains on Wednesday after prices hit two-week highs in the previous session as tension…
U.S. oil plunges more than 2% on supply glut woes
Crude futures lost ground in early Asian trading on Monday, with U.S. oil plunging over 2 percent on festering…
Oil prices edge up on short covering, but oversupply still bites
Crude oil prices edged up on Thursday but still struggled to break away from the $40-per-barrel mark as oversupply…
Iraq to supply crude oil and natural gas to Egypt, Jordan
Egypt signed Sunday a memorandum of understanding to receive crude oil and natural gas from Iraq, Egypt's minister…
Oil prices edge away from two-month low, but outlook stays weak
Oil prices edged away from over two-month lows on Thursday, but the outlook remains bleak as traders ditch…
Asian stocks erase losses, Aussie spikes on jobs data
Asian shares reversed earlier losses on Thursday as crude oil prices pulled away from their deep overnight lows,…
Brent regains ground after slide, but dollar weighs
Brent crude futures edged up on Monday, recovering from a three-day decline, but a firm dollar after robust U.S.…
