Saudi Arabia to announce slight rise in oil, gas reserves after audit – source
For almost 30 years - despite rising production, large swings in oil prices and improved technology - Riyadh has annually reported the same number for reserves at around 261 billion barrels, according to a statistical review by BP
Commodity-linked currencies gain on China-U.S. trade hopes
The dollar index, which measures the greenback against a basket of six peers, edged 0.1 percent lower to 95.803. It hovered not far off an 11-week low of 95.638 touched early this week
Asian shares rally on hopes for China-US trade breakthrough
Japan’s Nikkei 225 index gained 1.3 percent to 20,472.79 and Hong Kong’s Hang Seng jumped 2.5 percent to 26,512.06
Oil prices climb amid U.S.-China trade talk optimism
International Brent crude futures were up 79 cents, or 1.3 percent, at $59.47 per barrel
Asian shares mixed amid silence on China-US trade talks
Japan’s Nikkei 225 index gained 1.1 percent to 20,251.42 and the Hang Seng in Hong Kong added 0.3 percent to 25,905.82.
Oil stable on trade talk optimism and OPEC cuts, but slowdown looms
International Brent crude futures were at $57.43 per barrel at 0218 GMT, up 10 cents, or 0.1 percent from their last close
Gold up as U.S. Fed stance pricks dollar, stocks rally cap gains
Spot gold was up 0.3 percent at $1,288.60 per ounce, as of 0306 GMT and U.S. gold futures gained about 0.4 percent to $1,290.70 per ounce
Dollar slips on Powell views; optimism on trade talks aids Aussie dollar
The dollar index, a gauge of its value versus six major peers, stood at 95.96 at 0406 GMT Monday, down 0.2 percent from an intraday high of 96.16
Japan rebounds, Asia jumps on US data as trade talks begin
Japan’s benchmark, bouncing back from steep losses last week, started the day trading over 3 percent higher
Oil prices rise more than 1% on trade talks, supply cuts
Financial markets were being lifted early on Monday on expectations that face-to-face trade negotiations between delegates from Washington and Beijing, due to start on Monday, would lead to an easing in tensions between the two biggest economies in the world
Iran says despite U.S. sanctions, it has found new ‘potential’ oil buyers
Washington seeks to bring Iranian oil exports to zero in order to curb Tehran’s missile and nuclear programs and counter its growing military and political influence in the Middle East
Oil and LNG imports decline 11% YoY in December
During the first half (July-December) of the financial year 2018-19, imports declined by 17% YoY excluding LNG (-29% YoY)
Asian stocks skid after weak China factory readings
The Shanghai Composite Index lost 1.1 percent to 2,465.29 and Hong Kong’s Hang Seng fell 2.6 percent to 25,161.03
Oil opens 2019 with losses on surging supply, signs of economic slowdown
International Brent crude futures for March were at $53.27 per barrel at 0421 GMT, down 53 cents, or 1 percent, from their final close of 2018
Russia’s energy minister sees oil prices stabilizing in first-half 2019
Novak also said there were no proposals for an extraordinary meeting with OPEC, and he attributed the fall in oil prices to macroeconomic factors