Asian shares hit 2-1/2-week highs, crude rebounds
An index of Asian shares climbed to 2-1/2-week highs on Thursday, heartened by gains on Wall Street and a recovery…
Browsing Tag
Oil
Oil traders recall 2008 holiday bounce, but see no gift for bulls
At the tail end of 2008, the last time oil prices traded at $35 a barrel, some vacationing oil traders missed out…
Asian stocks near two-week highs, oil tries to rally
Asia shares pushed ahead on Wednesday following a rally on Wall Street, while major currencies entered a holiday…
Oil prices come off multi-year lows on winter demand hopes
Oil prices edged away from multi-year lows on Tuesday as the northern hemisphere moves into the peak-demand winter…
Asian shares hike as crude claws back some ground
Asian shares edged higher on Tuesday, taking solace from Wall Street gains and some stability in recently weak…
Wall St. drops on lower crude prices, stock options expiry
U.S. stocks closed lower on Friday for the second straight day, as concerns, ranging from a decline in crude oil…
Asian stocks, dollar, climb as Fed takes a first step
Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark…
UN resolution to target ‘explicitly’ IS oil money
A draft resolution to be submitted to the UN Security Council takes "explicit" aim at the Islamic State group and…
Saudi Arabia pledges 5-year oil assistance, $8bn investments to Egypt
Saudi Arabia's King Salman pledged oil assistance to meet Egypt's petroleum needs for the upcoming five years,…
Egypt seeks to reduce Oil product subsidies to 30 pct in 5 years
Egypt aims to reduce oil product subsidies to 30 percent over the next five years reversing an earlier decision…