Equity investors took flight across Asia, sending the region’s benchmark stock gauge toward a bear market and Chinese stocks plunging by the most since 2007 as U.S. futures tumbled. ... Read More
A U.S. judge on Thursday found that BP Plc (BP.L) manipulated the natural gas market in 2008, as alleged by the U.S. energy regulator, but did not address a ... Read More
Concern about Chinese demand after yuan’s devaluation pressures crude prices Crude-oil futures on the New York Mercantile Exchange dropped to a more-than six-year low Friday on escalating concerns about ... Read More
OPEC’s strategy to pump like crazy despite collapsing oil prices seems to be finally paying off: The U.S. oil industry is showing cracks. Oil supply from non-OPEC countries is ... Read More
STORY HIGHLIGHTS The first World Bank (IBRD) Green Bond Impact Report provides an overview of the environmental and social impacts expected from eligible projects that help World Bank client ... Read More
June – July 2015 Update The U.S. Energy Information Administration (EIA) estimates that global oil inventories grew by an average of 2.5 million barrels per day (b/d) in June ... Read More
The price of U.S. crude oil has tumbled to its lowest level in more than six years. Benchmark U.S. crude fell $1.88, or 4 percent, to settle at $43.08 ... Read More
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, ... Read More
Increased stockpiles and worries over China’s demand feed bearish momentum Oil prices dropped toward six-year lows Thursday on concerns that the global crude glut will worsen when the U.S.’s ... Read More
Oil hovered near multi-month lows on Thursday with Brent under $50 a barrel after investors sold crude on worries about rising U.S. gasoline inventories as peak summer demand comes ... Read More
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