Oil prices rise for first time in three days, but trade war drags
Both crude benchmarks have fallen about $10 a barrel from four-year highs reached in the first week of October and are on track to post their worst monthly performance since July 2016
Asian stocks rally as weaker yuan eases fear of more tariffs
Japan’s Nikkei 225 index jumped 1.4 percent to 21,434.38 after official data showed that its unemployment rate eased to 2.3 percent in September, from 2.4 percent a month earlier
High oil prices hurt consumers, dent fuel demand: IEA chief
Major emerging Asian economies such as India and Indonesia have been hit hard this year by rising crude oil prices, which despite falls this month are up by around 15 percent since the start of 2018
Trump’s Iran sanctions resolve faces test from oil-thirsty China, India
With just days to go before renewed sanctions take effect Nov. 5, the reality is setting in: three of Iran’s top five customers – India, China, and Turkey - are resisting Washington’s call to end purchases outright
PSO profits decline 19% to Rs4,181m in 1st quarter FY19
PSO posted a gross profit of Rs10.91 billion in the first quarter of FY19, gross margins were recorded at 3.89% in the first quarter of FY19 against 3.55% in prior year
Oil dips as markets remain cautious on trade concerns
Front-month Brent crude oil futures were at $77.56 a barrel at 0430 GMT, 6 cents below their last close
Asia stocks, S&P futures slide as investors flee risk amid growth fears
MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 1 percent, erasing tiny gains made in the opening hour and hitting its lowest level since February 2017
Oil prices drop as focus shifts to oversupply
Brent crude futures were down 51 cents, or 0.7 percent, at $76.38 a barrel by 0331 GMT. The global benchmark is on course for a weekly loss of over 4 percent
Asian mills look to secure long-term wheat supply
Asia is also the top importer, with shipments of the grain set to hit 55.13 million tonnes this year, up 46 percent since 2010-11 and the second-largest total on record, USDA data showed
Asia shares extend losses after rout on Wall Street
Japan’s Nikkei 225 index sank sharply on the open. By early afternoon it was down 3.3 percent at 21,369.48
Oil prices fall one percent amid global stock market slump
Markets have been hit hard this month by a range of worries, including the Sino-U.S. trade war, a rout in emerging market currencies, rising borrowing costs and bond yields, as well as economic concerns in Italy
Asian stocks edge up on China stimulus hopes, oil near two-month lows
MSCI’s broadest index of Asia-Pacific shares outside Japan was last up 0.2 percent following a decline of more than 2 percent in the previous session
Oil edges back from big slump as Iran sanctions return to focus
Front-month Brent crude oil futures were at $76.72 a barrel at 0320 GMT, 28 cents, or 0.4 percent, above their last close
Saudi Arabia has ‘no intention’ of 1973 oil embargo replay: TASS
Several U.S. lawmakers have suggested imposing sanctions on Saudi Arabia in recent days while the kingdom, the world’s largest oil exporter, has pledged to retaliate to any sanctions with “bigger measures”
Asia petrol buckles under supplies; crack at over two-year low
Petrol margins against Brent crude fell 63 percent from the start of the month to $3.04 a barrel on Thursday, the lowest since Aug. 1, 2016, before recovering to $3.55 a barrel on Friday