Stocks and bonds yields climb as investors eye U.S. stimulus
Global stocks and bond yields rose on Wednesday as Washington moved closer to agreeing a coronavirus stimulus package, pinning the dollar at its lowest for a month.
European recover after shaky start; caution reigns before U.S. elections
European stocks recovered from early losses on Friday, following a bearish Asian session where investors adjusted their risk exposure before the U.S. elections two weeks away. Record COVID-19 cases...
Column: Hedge funds see OPEC+ offsetting recession risk – Kemp
Hedge funds are reducing their risk exposure to crude oil and refined products against a backdrop of increasing uncertainty over a resurgence in the coronavirus and potential double-dip recession.
Exclusive: Only a quarter of BP’s 10,000 job cuts to be voluntary
BP is set to make around 7,500 compulsory redundancies after roughly 2,500 staff - or just over one in ten of those eligible - applied for voluntary severance, according...
OPEC+ panel discusses weaker oil demand outlook, Libya supply rise, sources say
An OPEC+ technical committee discussed on Thursday higher oil supply as production resumes in Libya amid a weaker demand outlook due to a second wave of coronavirus infections, two...
Erdogan set to unveil total size of Black Sea gas find
Turkish President Tayyip Erdogan said on Wednesday he will announce the total size of gas reserves found in the country’s largest-ever discovery when he visits a drill ship in...
Oil rebounds as strong China trade data offsets supply concerns
Oil prices rose on Tuesday, recovering some ground from falls of nearly 3% in the previous session, drawing support from robust China data, although concerns about supply resumption in...
Regulator says 91% of U.S. Gulf crude oil production remains shut after hurricane
The U.S. Bureau of Safety and Environmental Enforcement (BSEE) said 91% of offshore crude oil production remains shut in the U.S.-regulated northern Gulf of Mexico following Hurricane Delta, which...
Oil prices head for 10% weekly jump on North America, Norway outages
Oil prices fell on Friday, erasing earlier gains but still leaving both benchmarks on track for their biggest weekly gains since early June on the back of supply cuts...
H&M machine knits shoppers’ old jumpers into new ones on the spot
Shoppers at H&M HMb.ST in Stockholm will be able to watch their old jumpers be knitted in to a new sweater or scarf on the spot as the world's second-biggest fashion...
