Home
> Oil
Oil
Trump approves TransCanada's Keystone XL pipeline
Controversial pipeline was approved by Trump in reversal of Obama policy to combat climate change.
Asian stock markets mixed following poor Wall Street performance overnight
The mixed trend follows RBA highlighting the growing risks in the Australian housing market.
Commodities Round-up: Oil prices tumble as US production continues to increase
US rigs count rises for the ninth consecutive week, with production now exceeding 9m barrels per day.
Commodities: Oil prices end losing streak as US crude supplies decline
US crude supplies record first decline in 10 weeks, while Saudi Arabia reiterates commitment to OPEC deal.
US stocks close lower as energy shares drag
Investors are cautious ahead of a likely interest rate hike announcement on Wednesday (15 March).
Commodities: Oil prices fall to three month-low amid growing US supply
US rigs count increases for eight consecutive week, bringing the tally to highest level since September 2015.
Wood Group and Amec Foster Wheeler agree £5bn merger
Amec Foster Wheeler shareholders will retain control of 44% of the new company, following £2.2bn takeover bid.
Did Trump promote ExxonMobil when Rex Tillerson still held the oil giant's stock?
Secretary of State promised to divest stock holdings worth more than $50m within three months of confirmation.
Hedge funds continue to book bullish bets on oil despite lacklustre movement
Oil appears to be stuck in the low-to-mid-$50 range but money managers continue to place bets to the upside.
Commodities Round-up: Silver surges past $18.50 as traders hedge for possible 'risk-off' event
Over the past nine weeks, gold has risen on eight occasions while silver has in every one.
Commodities Round-up: Oil rally loses fizz as traders make covering bets
Oil futures slid as traders booked profits on recent price upticks triggered by comments from Opec.
Commodities Round-up: US crude inventory data stalls oil price decline but oversupply fears persist
Higher drawdown of US inventories sends Brent, WTI futures on recovery run.
Most Asian markets rise as the central banks of India and New Zealand keep rates unchanged
The trend in Asian markets also follows renewed confidence in China's economy.
Asian markets decline amid forecasts that China will report further decline in forex reserves
Economists suggested that China might report a $10.5bn fall in its foreign exchange reserves in January.
Shell's full year profit falls 8% but oil giant maintains dividend
Oil giant's fourth quarter profits misses expectations on $500m worth of impairment costs.
What 'Muslim ban'? Saudi oil minister welcomes Donald Trump election as good for the industry
Khalid al-Falih plays down Trump election promises to make the US independent of the world's oil cartels.
Commodities Round-up: Gold surges as Trump's immigration row escalates
Precious metals rise led by gold and oil futures return to positive turf.
Most Asian markets gain even as Trump pulls out of Trans-Pacific Partnership
Donald Trump said he would instead consider one-on-one trade deals with various Asian countries.
Most Asian markets gain as US dollar rises amid US Fed Janet Yellen's comments
Yellen said it 'makes sense' for the US central bank to raise interest rates gradually.
Most Asian markets gain following Donald Trump's comment on the US dollar
The US president-elect said the dollar was very strong, prompting it to fall to a one-month low.
Most Asian markets decline as the pound slides to three-month low amid fears of a hard Brexit
The markets are also awaiting policy pointers after Donald Trump's inauguration as US president.
Asian markets mixed following poor China export data
China's exports in dollar terms declined 7.7% on-year in 2016.
Russia 'poses a danger' ExxonMobile's Rex Tillerson says during confirmation hearing
Nato allies right to worry about Russia, says Tillerson, as he urges dialogue while laying out foreign policy priorities.
Most Asian markets trade higher as investors await Donald Trump's first full press conference as US president-elect
Investors are keen to know Trump's stance on various policies including taxes and infrastructure spending.
Russian billionaires got richer from Donald Trump's win
The rising Russian ruble and commodity stocks earned some $29bn for the nation's oligarchs.
Most Asian markets in the red following overnight decline on Wall Street and fall in oil prices
Most US indices slipped ahead of US President-elect Donald Trump's news conference on Wednesday.
Trump's attorney general nominee Jeff Sessions failed to disclose oil interests in ethics review
The Alabama senator is set to begin his confirmation hearings on 10 January.
Commodities Round-up: Oil futures hammered as US production uptick punctures Opec bounce
Brent, WTI futures see near 3% falls as US rig count data points to rising shale production.
Most Asian markets trade higher following strong Wall Street close last week
US stocks ended higher on Friday amid optimism over US President-elect Donald Trump's plan on taxes and spending.
Tories not tackling UK's energy crisis, say Labour and Green parties
Axing of £1bn green tech fund shows government 'disregarded their own promises,' opposition says.