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GARY ROSS
In a shaky oil market, OPEC has bitter decisions to makeNo wonder the group postponed its year-end meeting. Initially scheduled for last weekend in Vienna, the meeting is now planned for Thursday...- As Israel war rages, oil traders are focused on IranOil traders are closely watching the conflict between Israel and Hamas, with concerns over its potential impact on oil supply and prices. W...
- Saudi Arabia will likely roll over 1 mln bpd cut into October, analysts sayBaghdad has been able to partly compensate for the loss of exports from the north by increasing production elsewhere. In July, it produced ...
- Saudi Arabia expected to extend voluntary oil cut for September, analysts saySaudi Arabia is expected to extend its voluntary oil output cut of 1 million barrels per day for an additional month to include September, ...
- Oil consumers face a summer of pain as China starts coming back to marketMuch of Wall Street shares the bullish take. This week, Goldman Sachs Group Inc. said it expects Brent to peak at $140 a barrel in the comi...
- Margot Robbie to headline film-maker Jay Roach's 'Ocean's Eleven' prequelThe story is expected to be set far away from Sin City, in 1960s Europe.
- Ivan Reitman, 'Animal House' producer and 'Ghostbusters' director, passes away at 75He directed Bill Murray in his first starring role in the summer camp flick 'Meatballs'.
- Big freeze in Texas is becoming a global oil market crisisBrent crude oil surged above $65 a barrel on Thursday, a level not seen since last January.
- Opec backs biggest oil cut since 2008 crisis, awaits RussiaOPEC sources have signalled that preliminary talks with Russia this week in Vienna have been trickier than before.
- Reduce tension through direct dialogue: Pentagon to India, ChinaNotably, in recent past few years, almost all the Chinese neighbours have been accusing Beijing of coercive tactics to settle border disput...
- India, US logistics pact will make military operations more efficient: PentagonPentagon Press Secretary Peter Cook also asserted that strong defence ties between the two countries would help enhance regional security.
- Opec to raise crude oil production: Experts' takeSaudi Arabia and Russia said they were happy to pump more but Iran had criticised the idea.
- Do you know? 40% of bitcoin is held by 1,000 users and they’re becoming a worry for investorsMany of the large owners have known one another for years and stuck by bitcoin through the early days.
- OPEC leaves market guessing on exit strategy after oil pactThe deal to maintain the cut another nine months, hammered out this week in Vienna.
- China tests missile with 10 nuclear warheads: ReportThe flight test of the DF-5C missile was carried out last month using 10 multiple independently targetable reentry vehicles, or MIRVs, the ...
- Move over, Clooney-Pitt! The all-women 'Ocean's 8' cast is a powerful dealSinger Rihanna took to Twitter to share the first picture of the all-female cast inside a subway.
- US shale firms snap up $50 oil hedges, risking rally reversalUS crude oil futures for December 2016 delivery saw trading volume spike to a weekly record high of nearly 190 million barrels.
- Asia stocks extend $2.5 trillion global rebound as rupiah soarsAbout $2.46 trillion was added to the value of global stocks in the first four days of this week as emerging-market equities rebounded.
- Matthew McConaughey to receive star on Hollywood Walk of FameOscar-winning actor Matthew McConaughey is set to receive a star on the Hollywood Walk of Fame.
- Opec to consider production cuts if prices fall furtherOpec met on Monday against the backdrop of a $13 fall in the oil price since mid-July but ministers said they were unlikely to tamper with ...
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