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Month: September 2016

Russia, bowing to budget pressures, revives oil firm sell-off

© Reuters. People walk past headquarters of Russian state-owned oil producer Bashneft in Moscow By Darya Korsunskaya SOCHI, Russia (Reuters) – Russia said on Friday that it was resuming the...
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Betting on the U.S. election via the 'Trump ETF'

© Reuters. Trump holds a rally with supporters in Bedford, New Hampshire, U.S. By Trevor Hunnicutt NEW YORK (Reuters) – An exchange-traded fund focused on Mexico has become a weather vane f...
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Mauritanian leader, seen eyeing third term, says only voters can change law

© Reuters. President Mohamed Ould Abdel Aziz of Mauritania addresses a plenary meeting of the United Nations Sustainable Development Summit 2015 at the United Nations headquarters in Manhattan, N...
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Russia Rosneft to participate in Bashneft privatisation – Rosneft's spokesman

Russia’s largest crude oil producer Rosneft will take part in the sale of the state’s controlling stake in mid-size oil company Bashneft , Rosneft said on Friday. “Yes, we will bid f...
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Wall Street jumps as Deutsche Bank bounces back

© Reuters. Traders work on the floor of the NYSE By Lewis Krauskopf (Reuters) – Wall Street rallied on Friday, lifted by a surge in Deutsche Bank (DE:) shares and financial stocks after con...
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Riyadh and Tehran pour oil on troubled waters

Saudi Arabia and Iran are sworn enemies on opposite sides of proxy wars tearing through the Middle East. But at a marble-halled conference centre on the outskirts of Algiers that is a legacy of the $1...
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Oil rises on OPEC optimism

CNBC’s Jackie DeAngelis reports on the close of the oil markets. The article Oil rises on OPEC optimism was originally published at CNBC....
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UPDATE 1-Russia says Bashneft sale back on, and Rosneft can bid

People walk past the headquarters of Russian state-owned oil producer Bashneft in central Moscow, Russia August 17, 2016. REUTERS/Sergei Karpukhin/File Photo The article UPDATE 1-Russia says Bashneft...
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OPEC oil output hits record on Iraq, Libya boost: Reuters survey

© Reuters. The word oil is pictured on an oil bank at a recycling yard in London By Alex Lawler LONDON (Reuters) – OPEC’s oil output is likely to reach its highest in recent history i...
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UPDATE 1-U.S. rig count recovery hinges on $50 oil post-OPEC meeting

Stacked rigs and other idle oil equipment is seen in a Nabors Drilling yard near Williston, North Dakota April 30, 2016. REUTERS/Andrew Cullen/File Photo The article UPDATE 1-U.S. rig count recovery ...
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