MELBOURNE (Reuters) – Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, despite uncertainty over a deal to curb US economic recovery gains. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian …
Read More »Oil rises 1% in response to Saudi Aramco’s upbeat demand, Iraq’s supply cut
MELBOURNE (Reuters) – Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, despite uncertainty over a deal to curb US economic recovery gains. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian …
Read More »BP’s green energy goals will be difficult to meet
LONDON (Reuters) – BP (BP.L) will have to invest tens of billions of dollars over the next decades and may have to accept lower returns than it can get from oil if it is to meet its goal of becoming one of the largest innovative power generators in the world. …
Read More »Asian equities calm as Sino-American tensions warm
SYDNEY / HONG KONG (Reuters) – Asian stocks held tight on Monday as concerns about rising tensions between the United States and China rose on sentiment, though signs of a recovery in industrial activity in the world’s second largest economy limited losses. PHILO PHOTO: A pedestrian wearing a face mask …
Read More »Asian equities calm as Sino-American tensions warm
SYDNEY / HONG KONG (Reuters) – Asian stocks held tight on Monday as concerns about rising tensions between the United States and China rose on sentiment, though signs of a recovery in industrial activity in the world’s second largest economy limited losses. PHILO PHOTO: A pedestrian wearing a face mask …
Read More »