Oil prices set for fourth weekly fall as demand concerns weigh

By Shariq Khan (Reuters) -Oil prices rose on Friday but were set for a fourth successive weekly decline, as signs of disappointing global fuel demand growth outweighed fears of supply…

Australia, NZ dollars grapple with risk aversion as US growth fears weigh

SYDNEY (Reuters) – The Australian dollar was pinned near three-month lows on Friday as weak U.S. data fuelled fears of a sharp slowdown in the world’s largest economy, sending investors…

Oil prices rise but head for fourth week in red on demand concerns

Investing.com– Oil prices rose in Asian trade on Friday but were headed for a fourth straight week of losses as concerns over slowing economic growth and demand largely offset a…

US recognizes Maduro’s opponent as winner in Venezuela election

By Kanishka Singh and Matt Spetalnick WASHINGTON (Reuters) – The United States on Thursday recognized Venezuelan President Nicolas Maduro’s opponent and opposition candidate Edmundo Gonzalez as the winner of Venezuela’s…

Oil set to fall for fourth week as demand concerns weigh on sentiment

By Shariq Khan (Reuters) – Oil prices rose on Friday but were set for a fourth weekly decline as signs of disappointing global fuel demand growth outweighed fears of supply…

US EPA issues fuel waiver for Midwest states hit by refinery outage

By Shariq Khan and Rahul Paswan (Reuters) -The U.S. Environmental Protection Agency (EPA) on Thursday issued an emergency waiver to help alleviate fuel shortages in four Midwest states where the…

Oil slips over $1 as supply intact despite Middle East conflict fears

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled more than $1 lower on Thursday as global supply seemed largely unaffected by worries of a wider Middle East crisis after the…

Oil prices settle lower as US growth jitters offset Middle East tensions

Investing.com– Oil prices rose Thursday, extending the previous session’s sharp rebound on raised Middle East following the killing of a Hamas leader in Iran, while a group of top producers…

Venezuela’s oil industry operating normally amid election protests

CARACAS (Reuters) – Venezuela’s oil production and exports were working normally on Thursday following last weekend’s disputed presidential election that has triggered protests and international reactions, but shipping delays accumulated…

Oil prices ease as supply intact amid Middle East conflict fears

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged lower on Thursday as global supply seemed largely unaffected by worries of a wider Middle East crisis after the killing of a…