US soon to leapfrog Saudis, Russia as top oil producer
The United States led the world in oil production for much of the 20th century, but the Soviet Union surpassed America in 1974, and Saudi Arabia did the same in 1976, according to Energy Department figures
Asian stock markets rebound as dollar extends rally
The optimism helped bargain buying Thursday, with Tokyo ending the morning session more than one per cent higher, Hong Kong adding 0.5 per cent and Shanghai rallying 1.3 per cent
Brent oil gains $1 to claw back some losses
Brent crude rose $1.31, or 1.8 percent, to $74.71 by 0242 GMT after slumping 6.9 percent on Wednesday
Gold prices decline, as dollar gains against yuan in escalating trade war
A firmer greenback makes bullion expensive for holders of other currencies as the commodity is priced in dollars
Asian stock markets rattled as U.S. ups ante in trade conflict
Hong Kong’s Hang Seng slid 1.5 percent and the Shanghai Composite Index dropped 1.8 percent
Brent crude drops more than $1 after U.S. softens stance on Iranian sanction waivers
Washington will consider requests from some countries to be exempted from sanctions it will put into effect in November to prevent Iran from exporting oil, U.S. Secretary of State Mike Pompeo said on Tuesday
Asia shares rise for a third day, pound bewildered by politics
Japan’s Nikkei climbed about 1 percent and South Korea 0.5 percent, while E-mini futures for the S&P 500 firmed 0.2 percent
Oil prices climb over escalating worries of supply shortages
Brent crude had added 32 cents, or 0.4 percent, to $78.39 per barrel by around 0303 GMT, following a 1.2-percent climb on Monday
BP in lead to acquire BHP’s U.S. onshore shale assets: sources
The acreage for sale includes holdings that BHP acquired in its $12-billion takeover of Petrohawk Energy in 2011, which have declined rapidly in value as the price of natural gas has fallen from $4.50 at the time of the deal to a low of $1.60 last year
Cotton research station to be set up at Rajanpur
Secretary Agriculture Punjab Wasif Khursheed said Friday that a cotton research station would soon be established in Rajanpur district to improve cotton crop quality and increase per acre production.
Asia’s oil refiners rush to deal with U.S.-China trade war, looming Iran sanctions
As part of a wave of retaliation for Friday’s U.S. tariffs, China has threatened a 25 percent duty on imports of U.S. crude. Meanwhile, Washington’s new sanctions against Tehran are due to kick in from November
Asian stocks wobble as Sino-U.S. trade war begins
MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.1 percent lower, pulling back from a modest early rise. The index has lost near 9 percent since June 7
Oil dips in nervous trading as U.S.-China trade war looms
Brent crude futures fell 25 cents, or 0.3 percent, to $77.14 per barrel by 0317 GMT from their last close
Asian markets mixed as countdown to US-China tariffs begins
Japan’s Nikkei 225 index fell 0.8 percent to 21,544.54 and the Shanghai Composite index dropped 0.9 percent to 2,734.77
Oil declines as Trump calls OPEC to cut prices
Brent crude futures were at $77.68 per barrel at 0405 GMT, down 56 cents, or 0.7 percent, from their last close