Commodities

Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss

SINGAPORE (Reuters) - Struggling commodities trader Noble Group agreed to sell its Americas-focused oil trading business to Vitol for about $580 …

Financial Markets

Natural Gas Futures Rally to Start the Week

Investing.com - U.S. natural gas futures started the week on an upbeat note on Monday, as traders reacted to forecasts showing a return to colder …

Financial Markets

Trump's tougher stance could backfire by boosting Iran's Guards

ANKARA/LONDON (Reuters) - Iran’s elite Islamic Revolutionary Guard Corps, a military force with political clout and an industrial empire, stands to …

Iran

Gold Prices Hit 2-Week Low as Dollar Gains

Investing.com - Gold prices hit a more-than-two week low on Monday as dollar strength continued to put pressure on the precious metal.<p>On the Comex …

Financial Markets

U.S. Midwest oil refiners boost output, cut region's dependence on Gulf Coast

NEW YORK (Reuters) - U.S. refineries from Ohio to Minnesota are capitalizing on access to cheap crude from Western Canada and North Dakota oilfields, …

Oil

No future(s): Asian financial coal trading dries up as Noble declines, Glencore rules

SINGAPORE/FRANKFURT (Reuters) - Financial trading of thermal coal has virtually ceased in Asia as a result of the woes at one major trading house and …

Financial Markets

Crude Oil Gains In Asia On Momentum From Drop In U.S. Rig Count

Investing.com - Crude prices gained in Asia on Monday as rig count figures out of the U.S. aided sentiment on the supply outlook.<p>U.S. West Texas …

Oil

Oil prices rise on tightening supply, strong demand

SINGAPORE (Reuters) - Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening …

Oil

U.S.-backed militias seize key oil field in east Syria: SDF

BEIRUT (Reuters) - U.S.-backed militias said they captured a major oil field in Deir al-Zor province on Sunday, pressing their offensive against …

Syria

Bear Markets Teach Bitter Lessons

Thirty years ago this week, stock markets around the world crashed at an unprecedented pace. The S&P 500's 20.5% loss dramatically eclipsed the prior …

Personal Finance

Gold Still Valuable Insurance Against Market Volatility

Gold is facing strong crosscurrents from tepid inflation readings and their influence on central bankers' mindsets, particularly the Fed's and …

Personal Finance

Trump: Raqqa fall 'critical breakthrough', end of Islamic State in sight

WASHINGTON (Reuters) - U.S. President Donald Trump on Saturday hailed the defeat of Islamic State fighters in their self-proclaimed capital of Raqqa …

Islamic State (ISIS)

Saudi oil minister makes high profile Iraq visit, calls for economic cooperation

BAGHDAD (Reuters) - Saudi Oil Minister Khalid al-Falih made a high profile visit to Iraq on Saturday, calling for increased economic cooperation and …

Financial Markets

Chinese Debt Consolidation Shouldn’t Derail Equities

Chinese equities, as measured by the MSCI China index, fell 2.1% on October 19 after a seemingly frank warning from outgoing People’s Bank of China …

Personal Finance

Oil prices poised to rise as market trends improve, Schlumberger boss says

• Positive trends taking shape in the oil market are setting the foundation for higher crude prices, according to Paal Kibsgaard, Chairman and CEO of …

Oil

EPA abandons changes to U.S. biofuel program after lawmaker pressure

NEW YORK (Reuters) - The U.S. Environmental Protection Agency has backed off a series of proposed changes to the nation's biofuels policy after a …

Financial Markets

Rig count tumbles by 15, Baker Hughes survey says

• The total U.S. rig count fell by 15 to 913 following last week's decline of 8, the sixth drop in the past seven weeks, according to the latest survey …

Financial Markets

Crude Oil Prices Rise as Optimism Persists

Investing.com - Crude oil prices rose on Friday, recovering from the previous session's sharp losses as optimism over the tightening of the market …

Oil

Iran's Guards flex muscle in Middle East despite Trump warning

BEIRUT (Reuters) - A week after U.S. President Donald Trump delivered a blistering speech about Iran's Revolutionary Guards, the most powerful …

Iran

Corporate Tax Cuts Aren’t “Baked into” Equities

US Treasury Secretary Steve Mnuchin said on October 18 that the equity market has tax reforms “baked into it, (with) reasonably high expectations” …

Personal Finance

Gold Prices Near Session Lows as Dollar Edges Higher

Investing.com – Gold prices fell on Friday amid a sharp rise in the dollar on growing expectations of tax reform after the Senate approved the …

Financial Markets

Yuan's Fate Will Be Decided After China’s Party Congress

For the Chinese yuan, the third quarter was marked by noticeable strength, with the currency in trade-weighted terms reversing its losses from the …

Personal Finance

Why Utility Customers Might See Lower Prices After Tax Reforms

The proposed US tax reform framework would likely have only a roughly neutral earnings impact on the regulated side of the utility business.<p>The …

S&P 500

Exclusive: PDVSA blocked from using NuStar terminal over unpaid bills

HOUSTON (Reuters) - Venezuela's state-run petroleum firm PDVSA has been barred from using a NuStar Energy (N:NS) oil storage terminal in the …

Financial Markets

Gold Prices Remains on the Downside as Strong Dollar Weighs

Investing.com - Gold prices remained lower on Friday, as the U.S. dollar was still broadly supported by fresh hopes for a major U.S. tax …

Financial Markets

Crude or condensate? The dilemma over Nigeria's oil-cut exemption

LONDON (Reuters) - When OPEC agreed to exempt Nigeria from its oil production-restraint deal last year, it knew the country faced a huge challenge in …

Oil

In Kirkuk, Kurds' joy turns to fear after Iraqi army takeover

KIRKUK, Iraq (Reuters) - Turkmen and Arab shoppers stroll through an open-air food market in an ethnically mixed area of Kirkuk, haggling over the …

Financial Markets

Only the Wealthiest Home Owners Will Benefit From US Tax Proposals

Although the proposed US tax reform framework has a number of potential implications for housing and homebuilders, the provision attracting the most …

S&P 500

The Most Delicious Chocolates To Buy Now According To America's Best Craft Chocolate Makers

Consumers worldwide eat a staggering 7.3 million tons of chocolate per year, and U.S. sales are forecasted to reach $30 billion by 2021. But as store aisles become increasingly cluttered with alluring bars featuring flavors from all over the world, where should a chocolate lover turn for guidance? …

Cocoa

Schlumberger's latest asset deal raises fresh concerns ahead of third quarter

(Reuters) - Oilfield services giant Schlumberger Ltd (SLB.N) sealed a deal to buy oil and gas assets worth $1 billion from Cenovus Energy (CVE.TO) on Thursday, raising further concerns about its strategy to own more refining and drilling operations directly.<p>For Calgary, Alberta-based Cenovus, the …

Oil