Crude Oil

Oil prices slip as weak China exports highlight trade war impact

Oil prices slip as weak China exports highlight trade war impact

Published 09/12/2019

TOKYO (Reuters) - Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market [more…]

Goldman raises 2020 oil price view on OPEC-led inventory tightness

Goldman raises 2020 oil price view on OPEC-led inventory tightness

Published 09/12/2019

(Reuters) - Goldman Sachs raised its oil price forecasts for 2020, citing tighter-than-expected inventories after the Organization of the Petroleum Exporting Countries (OPEC) and its [more…]

Asian shares buoyed by strong U.S. job data, China worry caps gains

Asian shares buoyed by strong U.S. job data, China worry caps gains

Published 09/12/2019

SYDNEY (Reuters) - Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data, although regional gains were [more…]

Putin and Xi oversee launch of landmark Russian gas pipeline to China

Putin and Xi oversee launch of landmark Russian gas pipeline to China

Published 02/12/2019

SOCHI, Russia (Reuters) - Russian President Vladimir Putin and his Chinese counterpart Xi Jinping on Monday oversaw the launch of a landmark pipeline that will [more…]

Oil jumps above $61 on talk of further OPEC+ supply curbs

Oil jumps above $61 on talk of further OPEC+ supply curbs

Published 02/12/2019

LONDON (Reuters) - Oil jumped above $61 a barrel on Monday, supported by hints that OPEC and its allies may agree to deepen output cuts [more…]

Stocks rally on Chinese data boost, cautious trade optimism

Stocks rally on Chinese data boost, cautious trade optimism

Published 02/12/2019

LONDON (Reuters) - Stock markets rebounded on Monday as decent manufacturing data in China and renewed optimism over a trade deal eroded some of the [more…]

Saudi Arabia wants OPEC+ to deepen oil cuts due to Aramco IPO

Saudi Arabia wants OPEC+ to deepen oil cuts due to Aramco IPO

Published 02/12/2019

DUBAI/LONDON (Reuters) - OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June [more…]

Asia shares find footing as mood swings on trade

Asia shares find footing as mood swings on trade

Published 25/11/2019

SYDNEY (Reuters) - Asian shares staged a cautious rally on Monday as investors dared to hope for some progress in the endless Sino-U.S. trade dispute, [more…]

Saudi Aramco markets IPO in Dubai after approaching Kuwait fund

Saudi Aramco markets IPO in Dubai after approaching Kuwait fund

Published 24/11/2019

DUBAI (Reuters) - Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying to secure demand from Kuwait’s [more…]

Shares grind towards record high as China trims key rate

Shares grind towards record high as China trims key rate

Published 18/11/2019

LONDON (Reuters) - World shares were close to a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the [more…]