Oil prices were lower early on Monday as drilling activities in the U.S. intensified last week, stoking concerns that the effort by global oil producers to curtail oversupply could ... Read More
Most markets are trading for the first time in 2017 on Tuesday European equities climbed Monday on manufacturing strength Asian stocks advanced and crude oil climbed on the first ... Read More
Oil prices are on track for their biggest annual percentage gain since 2009 on the back of an agreement struck between OPEC and non-OPEC countries to cut crude production ... Read More
The United States Department of Justice today filed a civil complaint in the Eastern District of New York against Barclays Bank PLC and several of its United States affiliates ... Read More
A federal judge said on Thursday that Volkswagen has reached an agreement in principle to provide “substantial compensation” to the owners of about 80,000 3.0 liter polluting diesel vehicles, ... Read More
Credit Suisse announced today that it has reached a settlement in principle with the U.S. Department of Justice (DOJ) related to its legacy Residential Mortgage-Backed Securities (RMBS) business – ... Read More
The U.S. Energy Department’s inventory release showed that crude stockpiles recorded an unexpected build. This weighed on oil prices , sending West Texas Intermediate (WTI) crude futures down 1.5% ... Read More
Cyprus Energy Minister Giorgos Lakkotrypis said on Wednesday that Italy’s ENI, France’s Total, and Qatar Petroleum with American ExxonMobil – headed by US president-elect Donald Trump’s choice for secretary ... Read More
Saudi Arabia’s 2017 budget will reportedly include a monthly fee for expat workers in the kingdom. Arab News cited local reports as suggesting the fee would likely be a ... Read More
Oil prices slipped in tepid Asian trading today, dragged down by an unexpected rise in US crude inventories last week and moves by Libya to boost output over the ... Read More
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