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Gas station

Oil has best monthly gain in six years but rally may hit 'speed bumps'

Oil rounded out its best monthly gain in six years on Thursday, with the two global benchmarks for crude rising between 20 and 25 percent in April, helped by a weaker dollar and bets that a supply glut would ease.

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Currency signs

Global shares fall on U.S. GDP data, weak earnings; dollar slides

Stock markets worldwide slumped on Wednesday after a batch of weaker-than-expected corporate results and data showing U.S. economic growth braked more sharply than expected in the first quarter, while the dollar plunged to a nine-week low.

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Frankfurt stock exchange

Upbeat earnings lift stocks, Greek anxiety hits euro

World stocks climbed back toward all-time highs on Tuesday as upbeat European earnings reports and expectations of a sixth straight rise in German business confidence helped offset worries about a possible Greek default.

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Traders

For short-sellers in U.S. stocks, the agony just piles on

In January 2014, veteran short-seller Bill Fleckenstein said he was readying a new fund to bet on falling stock prices. More than a year later, he's still waiting to launch that fund.

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Saudi Arabia Petrochemical

Saudi Arabia trims oil supply to some Asian buyers: sources

Saudi Arabia has reduced contractual crude supplies to some customers in Japan and South Korea since March by trimming the volumes of oil loaded, six industry sources familiar with the matter said on Monday.

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Japan's Nikkei

Nikkei tops 20,000, European shares hit 15-year high

World shares tested record highs on Friday as hopes of more easy money from top central banks pushed Japan's Nikkei past 20,000 points for the first time in 15 years and European stocks reached similar heights.

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Pumpjack

Oil deepens loss on Iran talks; Brent ends March down 12 percent

Oil fell for a third straight session on Tuesday, with Brent crude tumbling 12 percent for the month, as world powers entered into intense negotiations with Iran for a nuclear deal that could bring more of its oil to an oversupplied market.

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Gas station

Oil down as Iran races for Tuesday deadline on nuclear deal

Oil settled down for a second straight session on Monday as Iran and six world powers tried to negotiate a deal on Tehran's nuclear program that could end Western sanctions and allow the OPEC member to ship more crude into an already flooded market.

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Oil refinery

Oil up 3 percent on weak dollar, speculative buying, Yemen

Oil settled up about 3 percent on Wednesday as a weak dollar, fighting in Yemen and speculative buying boosted crude prices in spite of U.S. inventories building to record highs for an 11th week.

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Gold bars

Dollar resumes fall, gold firms after Bullard comments

The dollar resumed its fall on Monday after its steepest weekly drop in 3-1/2 years, as comments by a top Federal Reserve official added to last week's dovish policy message.

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Oil tanker

Iran nuclear deal may open oil taps in months, not weeks

A possible deal over Iran's nuclear program that would phase out economic sanctions against Tehran is unlikely to flood world markets with more oil any time soon, despite Iran's declared intention to claw back market share lost because of the curbs.

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Saudi Arabia's King Salman

Saudi king keeps close hand on oil in remodelling strategic team

Saudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the monarch's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed.

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Arun Jaitley (C)

India's Jaitley goes for growth, delays cut in fiscal deficit

India's Finance Minister Arun Jaitley on Saturday announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.

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Arun Jaitley

Subsidy cuts in India's budget may disappoint investors

India may slash its food and fuel subsidy bill by about $8 billion in next week's budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra Modi's first full budget.

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Oil tankers

Oil edges up as U.S. rig count likely to fall further

Oil markets edged up on Friday to halt a two-day drop, helped by expectations that data later in the day would show a continuing decline in the U.S. oil rig count, a clear sign of the pressure the tumble in crude has put on oil producers.

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