Asian stocks at three-week lows on oil drop
Asian stocks hit three-week lows on Tuesday as a rout in oil prices knocked energy company shares lower and many…
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Oil rises from near seven-year lows as China oil imports surprise
Crude prices edged away from nearly 7-year lows on Tuesday as China reported strong commodity imports despite…
Dollar firm vs commodity currencies, eyes on oil prices
The U.S. dollar held firm against commodity currencies on Tuesday and hovered near decade-highs against its…
OPEC decision to keep output high pulls oil prices close to 2015 lows
Crude prices fell on Monday in the first trading session after OPEC members failed to agree on output targets to…
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…
Oil dips on firm dollar, ahead of OPEC meeting
Oil dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected…
Wall Street ends higher, driven by energy amid global tension
U.S. shares closed higher on Tuesday as energy stocks rose along with oil prices after Turkey shot down a Russian…
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…
Cabinet controls prices of 10 commodities as Egypt’s inflation rises
Egypt is to control the prices of 10 commodities as the state tries to keep inflation in check amid a shortage of…