Oil prices fall amid worries Saudi Arabia, Russia could up supply
Brent crude was down 45 cent, or 0.6 percent, at $74.94 a barrel at 0325 GMT, after settling up 9 cents on Tuesday
Asian shares fall, tracking losses in Europe
Japan’s Nikkei 225 slumped 0.9 percent to 22,280.91 while South Korea’s Kospi was down 0.7 percent to 2,460.75. Hong Kong’s Hang Seng index fell 0.7 percent to 30,590.00.
Oil prices mixed but expected output increase drags
The spread between Brent and WTI crude stands at around $8.7 a barrel, the widest since March 2015 due to the depressed price of U.S. crude compared to Brent
Russia, OPEC willing to increase oil output under US pressure
Raising production would ease 17 months of strict supply curbs amid concerns that a price rally has gone too far, with oil having hit its highest since late 2014 at $80.50 a barrel this month
KPMG UK undertaking internal review into its audit of Abraaj: Report
The proximity of ties between top executives at KPMG and Abraaj in Dubai will also come under the scanner
Asian shares shaky but North Korea’s stance soothes nerves
MSCI’s broadest index of Asia-Pacific shares outside Japan was almost flat, while South Korea’s Kospi pared much of its earlier loss of 0.9 percent. Japan’s Nikkei was up 0.1 percent
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