BP shrinks further to weather extended oil slump
BP announced on Tuesday a third round of spending cuts and more asset sales in the coming years to tackle an…
Browsing Tag
Oil
Oil prices extend losses as glut worries persist
Oil prices fell on Tuesday, extending losses into a third week, on worries over a supply glut and with U.S.…
Some U.S. bond funds bet on high-yield survivors of oil carnage
High-yield energy bonds are on track for their worst year since the global financial crisis yet some funds are…
Oil at $80 seen as ideal in next phase, says UAE Minister
The level of $80 a barrel is seen as an ideal price for oil as the world economy moves to higher growth, the UAE…
Oil prices move higher on weaker dollar, hold above three-week low
Oil prices edged up in Asian trade on Thursday, gaining support from a weaker dollar to hold above a three-week low…
Oil falls after industry report shows surge in U.S. crude stocks
Oil prices fell on Wednesday after data from an industry group showed a larger-than-expected build in U.S. crude…
Oil prices nudge up on short-covering; glut, econ concerns persist
Oil prices rebounded on Tuesday as traders covered short positions after prices fell at least 3 percent in the…
Oil prices slip as China Q3 GDP growth falls
Oil prices dipped on Monday as China's economic growth eased in the third quarter to grow at the slowest pace since…
GE beats profit expectations as aviation counters weak oil segment
General Electric Co (GE.N) reported a better-than-expected quarterly profit on Friday, helped by cost cuts and…
Global stocks at two-month highs, dollar up; oil down for week
Stocks in major world markets rose to a two-month high on Friday and the dollar ticked up, boosted by views that…
