Saturday, May 18, 2024
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Breaking Brexit treaty? Britain announces details for post-EU life

Britain announces legislation on Wednesday for life outside the EU after throwing its trade talks with the bloc into jeopardy by announcing in advance that the new plans would...

Oil falls below $42 on demand fears as virus cases rise

Oil fell below $42 a barrel on Tuesday, its 5th session of decline, pressured by concerns that a recovery in demand could weaken as coronavirus infections flare up around...

Oil falls after Saudi cuts prices, China slows imports

Oil prices fell on Monday as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months and uncertainty over China’s oil demand cloud oil...

Navalny case is ‘heavy burden’ for Russia’s leaders -German president

The poisoning of Kremlin critic Alexei Navalny, who is in intensive care in a Berlin hospital, is damaging to Russia’s leadership and makes it harder for Germany to cooperate...

France unleashes 100 billion euro stimulus to revive economy

France plans to spend 100 billion euros ($118 billion) to pull its economy out of a deep coronavirus-induced slump, signalling renewed efforts by President Emmanuel Macron to push through...

Iraq seeks exemption from OPEC export cut deal next year

 Iraq is seeking an exemption from an OPEC+ deal curbing oil production during the first quarter of 2021 but will adhere to the cuts over the next three months,...

German manufacturing recovery remains on track in August: PMI

German manufacturers’ recovery from lockdown measures continued last month, with output growing at the fastest pace since February 2018, a survey showed on Tuesday. IHS Markit’s...

Brent hits five-month high on Abu Dhabi supply cuts, China data

Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global...

Global stocks struggle after Fed shift, Japanese markets shaken as Abe resigns

Stock markets struggled for direction on Friday as investors worried about a lack of detail in the U.S. Federal Reserve’s policy shift while Japanese markets were roiled as Prime...

Crude oil or cooking oil? For some U.S. refiners, it’s now a choice

Refiners have always produced fuel using crude oil. Now some are using grease. A slump in demand for gasoline since the onset of the coronavirus pandemic...