Tag Archives: Crude oil

Mostly stable in Asia stocks, weather Turkish lira squall

SYDNEY (Reuters) – Asian markets on Monday held nervous as the Turkish lira plunged into a tested risk appetite, with stocks and bonds showing limited bids for safe havens. File photo: Turkish Lira Banknote Note This illustration taken on January 6, 2020. Reuters / Dado Ruvik / Illustration // File …

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Saudi Arabia will increase oil output amid recovery in prices

Saudi Arabia plans to increase its oil production next month, in contrast to the recent decline in large production, a sign of growing confidence in the recovery in oil prices, Kingdom advisers said. The world’s largest oil exporter surprised oil markets last month when it said it would cut crude …

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