Organization of Petroleum-Exporting Countries

International

Trump Rally Gives Way To Caution As Yellen Testimony Looms

Stocks flatlined and the dollar dipped on Tuesday as caution set in before testimony from Federal Reserve chief Janet...

Headlines

Former Boss of Nigerian Oil Firm In $10m Cash Probe

A former head of Nigeria's state-run oil firm is under investigation after almost $10 million in cash was found at a...

Headlines

Fresh US Drilling Capping Oil Price

Renewed drilling by US oil producers is keeping a ceiling on a global crude price recovery, cutting into the impact of...

Headlines

OPEC Delivering On Agreed Oil Output Cuts

The OPEC oil cartel has implemented more than 90 percent of its agreed output cuts aimed at curbing a glut on world...

International

Asian Shares At 1-1/2-Year High, Yen Sags After Trump-Abe Meet

Asian stocks rallied to 1-1/2-year highs on Monday, helped by renewed hopes over U. S. President Donald Trump's tax...

International

Russia To Decide In April-May If Global Oil Deal Should Be Extended

File image, A view shows an oil derrick and other facilities at Vankorskoye oil field Russia will decided in April or...

International

Oil Overhang Points To Need For Extended OPEC Output Cuts

An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but...

International

Trump Tax Cut Talk, Chinese Data Spur Risk Rally

European shares rose to within striking distance of their highest levels in more than a year on Friday while the dollar...

International

Oil Prices Fall On Bloated U.S. Fuel Inventories, Stalling China Demand

Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in U. S. crude inventories...

International

Wall Street Opens Lower As Political Uncertainty Weighs

U. S. stocks opened lower on Monday as investors sought fresh catalysts after a strong jobs report last week, while...

International

Oil Prices Rise As Investors Pour Fresh Cash Into Crude Futures

Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose...

Business

MPC Rate Remains Unchanged Despite A Decline Forecast By Economist

The Monetary Policy Committee (MPC) of the Bank of Ghana maintained its prime rate despite a potential drop forecast by...

International

Oil Edges Up On Threat of U.S. Issuing New Iran Sanctions

Oil prices edged up on Friday on news that U. S. President Donald Trump could be set to impose new sanctions on...

International

Oil Prices Fall After Sharp Rise In U.S. Stockpiles

Oil prices fell on Thursday after official data showed U. S. crude and gasoline stockpiles rose sharply, although signs...

International

Dollar Caught In Crossfire As Trump Talks Tough On Currencies

The dollar struggled to regain its poise on Wednesday after the Trump administration accused Germany, Japan and China...

International

Oil Edges Further Above $55 On Russia, OPEC Cuts

Oil edged further above $55 a barrel on Wednesday supported by signs that Russia and OPEC producers are delivering on...

International

Global Shares, Dollar Retreat On Trump Travel Ban, Weak U.S. GDP

Asian share markets and U. S. stock futures fell on Monday after President Donald Trump introduced immigration curbs...

International

Oil Shipments Show That OPEC Is Sticking To Its Cuts

Oil supplies from OPEC are plunging this month as the group implements production cuts aimed at erasing a global...

Top Stories

World Bank Says Industrial Commodity Prices Will Swell Up In 2017

The World Bank has forecasted strong gains for industrial commodities like energy and metals in 2017; holding crude oil...