Oil prices dip, as Russia hints it may gradually raise output
U.S. crude oil production has risen by more than a quarter in the last two years, to 10.73 million barrels per day (bpd)
Oil prices edge lower, OPEC may ease supply curbs
OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply
Asian shares weak as Trump tempers Sino-U.S. trade optimism
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, while Japan’s Nikkei lost as much as 1.4 percent to hit a 1-1/2-week low and the Shanghai Composite Index retreated 0.6 percent
Asian stocks edge up higher, as Euro gains after hitting five-month lows
In equity markets, MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.1 percent, while Japan’s Nikkei gained 0.7 percent
Oil prices near $80 per barrel, as supplies tighten
The International Energy Agency (IEA) said on Wednesday that it had lowered its global oil demand growth forecast for 2018 from 1.5 million barrels per day (bpd) to 1.4 million bpd
Asian shares dip as North Korea suspends talks, U.S. yields climb
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2 percent as Pyongyang’s move appeared to mark a break in months of warming ties between North and South Korea and with Washington
Oil prices fall on signs of ample supply despite OPEC cuts
Brent crude futures, the international benchmark for oil prices, were at $78.07 per barrel at 0024 GMT, down 36 cents, or 0.5 percent, from their last close
IRSA summons emergency meeting to review water situation for Kharif 2018
Indus River System Authority (IRSA) has summoned an emergency meeting of its advisory committee to review the current water situation and anticipated criteria for the cropping season of Kharif 2018.
Abraaj’s reputation nosedives over allegation of misused funds
Abraaj has seen a wave of investments get sidelined, a shake-up of its top management, talks of divestment of its investment arm collapse and questions over misuse of funds by leading investors like Melinda Gates Foundation continue
Asian stocks near three weeks high, dollar eases after US inflation
Japan’s Nikkei climbed 0.7 percent while South Korea’s KOSPI added 0.6 percent. Australian and New Zealand shares were both up 0.2 percent
Oil prices dip from multi-year highs
Outside OPEC, soaring U.S. crude oil production may also help fill Iran’s supply gap, hitting another record last week by climbing to 10.7 million barrels per day
Asian shares rise, boosted by technology stocks
MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.6 percent, with information technology shares rising 1.2 percent. Japan’s Nikkei was 0.3 percent higher
Oil prices retreat from 3.5 years high, as market awaits Trump decision on Iran
Brent crude futures were down 63 cents, or 0.8 percent, at $75.54, having jumped 1.7 percent to settle at $76.17 a barrel in the previous session
Asian shares go up, as US crude crosses $70
Oil prices hit their highest in more than three years as global supplies remained tight and the market awaited news from Washington on possible new U.S. sanctions against Iran
Oil prices hold firm, as Iran tensions keep market on edge
Brent crude oil futures were at $74.94 per barrel at 0035 GMT, up 7 cents, or 0.1 percent, from their last close