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  • File picture of Saudi Arabian Oil Minister al-Naimi talking to journalists before a meeting of OPEC oil ministers at OPEC's headquarters in Vienna
    Saudi Arabia says won't limit oil production, can meet customer demand Reuters - Wed, 30 Dec, 2015 9:07 AM EST

    Saudi Arabian Oil Minister Ali al-Naimi said the kingdom, the world's top crude exporter, does not limit its output and has the capacity to meet additional demand, state television Al Ekhbariya reported …

    File picture of Saudi Arabian Oil Minister al-Naimi talking to journalists before a meeting of OPEC oil ministers at OPEC's headquarters in Vienna

    Saudi Arabian Oil Minister Ali al-Naimi said the kingdom, the world's top crude exporter, does not limit its output and has the capacity to meet additional demand, state television Al Ekhbariya reported on Wednesday.

  • Ukraine's PM says his country won't repay $3 billion debt owed to Russia this weekend The Canadian Press - Fri, 18 Dec, 2015 1:43 PM EST

    Ukraine won't make a $3 billion debt repayment due to Russia this weekend because Moscow refused to agree to terms already accepted by other international creditors, Ukraine's prime minister said Frid …

    Ukraine's PM says his country won't repay $3 billion debt owed to Russia this weekend

    Ukraine won't make a $3 billion debt repayment due to Russia this weekend because Moscow refused to agree to terms already accepted by other international creditors, Ukraine's prime minister said Friday.

  • AP EXPLAINS: Why U.S. crude is heading overseas for the first time since the 1973 oil embargo The Canadian Press - Wed, 16 Dec, 2015 4:42 PM EST

    The U.S., seemingly awash in crude oil after an energy boom sent thousands of workers scurrying to the plains of Texas and North Dakota, will begin exporting oil for the first time since the 1973 oil  …

    AP EXPLAINS: Why US crude is heading overseas for the first time since the 1973 oil embargo

    The U.S., seemingly awash in crude oil after an energy boom sent thousands of workers scurrying to the plains of Texas and North Dakota, will begin exporting oil for the first time since the 1973 oil embargo.

  • Fiat Chrysler buys Tesla, Toyota, Honda emissions credits Reuters - Wed, 16 Dec, 2015 4:22 PM EST

    Fiat Chrysler Automobiles NV(FCHA.MI), which lags the automobile industry in fuel efficiency, purchased U.S. greenhouse gas emissions credits from rival automakers Toyota Motor Corp<7203.T>, Tesla Motors …

    A woman walks past a logo of Fiat Chrysler Automobiles (FCA) in Turin

    Fiat Chrysler Automobiles NV(FCHA.MI), which lags the automobile industry in fuel efficiency, purchased U.S. greenhouse gas emissions credits from rival automakers Toyota Motor Corp<7203.T>, Tesla Motors Inc and Honda Motor Co<7267.T>, a government report released on Wednesday show.

  • Oil up as covering support stops slide to 11-year low Reuters - Tue, 15 Dec, 2015 5:43 PM EST

    Oil prices rose for a second straight day on Tuesday as short-covering and technical support halted a slide to 11-year lows, but the market remained fundamentally weak from oversupply, traders and analysts …

    A pump jack is seen at sunrise near Bakersfield

    Oil prices rose for a second straight day on Tuesday as short-covering and technical support halted a slide to 11-year lows, but the market remained fundamentally weak from oversupply, traders and analysts said.

  • Iraqi Kurdistan minister says no link between oil sales and Islamic State Reuters - Tue, 1 Dec, 2015 11:57 AM EST

    The Iraqi Kurdish minister for natural resources said on Tuesday reports that the regional government was helping smuggle oil from fields controlled by Islamic State militants were "wild imagination and …

    Iraqi Kurdish Minister for Natural Resources Hawrami speaks during a news conference in Arbil

    The Iraqi Kurdish minister for natural resources said on Tuesday reports that the regional government was helping smuggle oil from fields controlled by Islamic State militants were "wild imagination and unsubstantiated"

  • Foreign banks buy up bulk of Indian state government debt Reuters - Tue, 24 Nov, 2015 1:30 PM EST

    Three banks snapped up almost 90 percent of bonds sold by Indian states to foreigners, and turned them into derivatives, raising the prospect of more volatility in one of Asia's best performing debt markets. …

    A money lender counts Indian rupee currency notes at his shop in Ahmedabad

    Three banks snapped up almost 90 percent of bonds sold by Indian states to foreigners, and turned them into derivatives, raising the prospect of more volatility in one of Asia's best performing debt markets. Several market participants involved in the sale said offshore units of Nomura, Standard Chartered and Bank of …

  • European stocks slide as downing of Russian jet over Syria unsettles investors The Canadian Press - Tue, 24 Nov, 2015 7:42 AM EST

    LONDON - European stock markets slid Tuesday as jitters about instability in the Middle East intensified following the downing of a Russian jet by Turkey over Syria.

    European stocks slide as downing of Russian jet over Syria unsettles investors

    LONDON - European stock markets slid Tuesday as jitters about instability in the Middle East intensified following the downing of a Russian jet by Turkey over Syria.

  • Oil ends steady; Saudi pledge, glut worry causes wild ride Reuters - Mon, 23 Nov, 2015 6:33 PM EST

    Crude prices rose as much as 1 percent on Monday after Saudi Arabia's pledge to work on price stability offset some worries about the global oil market glut.

    A pumpjack brings oil to the surface in the Monterey Shale

    Crude prices rose as much as 1 percent on Monday after Saudi Arabia's pledge to work on price stability offset some worries about the global oil market glut.

  • Indian infrastructure firms seek to diversify debt with masala bonds Reuters - Mon, 23 Nov, 2015 2:18 PM EST

    Some of India's most indebted infrastructure and steel groups are considering so-called masala bonds to diversify their funding options as local banks tighten lending, investment banking sources with direct …

    A labourer stacks concrete blocks on his head at the construction site of a residential complex on the outskirts of Kolkata

    Some of India's most indebted infrastructure and steel groups are considering so-called masala bonds to diversify their funding options as local banks tighten lending, investment banking sources with direct knowledge of the situation said.