US stocks fell in a choppy session Tuesday as lower oil prices pressured energy stocks for a fifth day and weak Chinese trade data reignited fears of a global slowdown. All three major indexes were moving higher within a tight range a few minutes after the opening bell. S&P...
OPEC failed to agree on an official output quota last week, leaving production near record highs despite the massive global glut that is keeping oil prices low.
And with eight out of nine members of the Bank’s Monetary Policy Committee (MPC) voting to hold again in December, change is not expected any time soon.
The Paris-based agency said that global demand growth is forecast to slow to 1.2 million barrels a day in 2016 after surging to 1.8 million barrels a day this year as support from sharply falling oil prices begins to fade.
While Marvel has conditioned us all into remaining firmly in our seats when the credits start to roll, with some films even containing two bite-sized teases, J.J. Abrams has ruled out the possibility of Star Wars: The Force Awakens adhering to the tried and tested formula, after...
Brent crude futures were down 29 cents at US$39.44 (RM168.97) a barrel at 0551 GMT (1.51pm MYT), a touch above a near-seven-year low hit earlier in the session at US$39.38 a barrel.
DuPont’s shares surged after the Wall Street Journal reported the company was in advanced merger talks with Dow Chemical, helping to partially offset negative sentiment.
Even if a new runway were to be approved now, it is at least a decade away from being delivered, and today’s announcement means it is now even further away from becoming a reality.
While the minutes stated there was “no mechanical link” between the BOE decision and those of other central banks, it is caught between a European Central Bank that’s adding stimulus and a U.S. Federal Reserve that may be just a week away from the first increase...
This transaction is a major accelerator in Dow’s ongoing transformation, and through this we are creating significant value and three powerful new companies.
Refinery crude runs USOICR=ECI fell 151,000 barrels per day as utilization rates USOIRU=ECI dropped 1.4 percentage points to 93.1 percent of total capacity, EIA data showed.
While annual United Nations climate meetings nearly always run into overtime, the abrupt announcement came as some officials and observers also said that wee-hours discussions had not run as smoothly as hoped.