[ad_1] (Reuters) – Gold prices jumped 1% on Monday as attacks on Saudi Arabia’s oil facilities dented risk appetite, boosting demand for the safe-haven bullion, while investors awaited for clues on monetary easing from major
Global services trade slows but stronger than goods – WTO
[ad_1] A World Trade Organization (WTO) logo is pictured on their headquarters in Geneva, Switzerland, June 3, 2016. REUTERS/Denis Balibouse/File Photo GENEVA (Reuters) – World trade in commercial services lost momentum in the second quarter
After attacks, Asia needs light crude, Saudi Arabia needs oil products
[ad_1] SINGAPORE (Reuters) – Asian refiners and traders said they are expecting Saudi Arabia to import large volumes of refined oil products and curb exports of light crude oil after attacks on Saturday that forced
China says can’t apportion blame for Saudi attack without facts
[ad_1] BEIJING (Reuters) – China’s Foreign Ministry said on Monday it was irresponsible to blame anyone for the attack on Saudi Arabia’s oil facilities without conclusive facts. Ministry spokeswoman Hua Chunying, speaking at a daily
UAW workers head for picket lines in first national strike against GM since ’07
[ad_1] DETROIT/WASHINGTON (Reuters) – The United Auto Workers (UAW) went on strike at General Motors just after midnight Sunday and about 48,000 hourly workers at its facilities are headed for the picket lines in the
Dollar falls, oil-exporter currencies rise after Saudi attacks; yen firms
[ad_1] SINGAPORE (Reuters) – The dollar fell while safe havens and currencies of oil-producing countries rallied on Monday, following an attack on Saudi Arabian refining facilities that disrupted global oil supply and heightened Middle East
Global Markets: Oil soars after Saudi facility attacks, weak China data hits shares
[ad_1] SYDNEY (Reuters) – Oil surged to four-month highs on Monday after weekend attacks on crude facilities in Saudi Arabia sparked supply fears, while shares in Asia extended losses as bleak economic data from China
Oil surges as Saudi attack focuses market on supply risks
[ad_1] SEOUL (Reuters) – Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the start of the Gulf War in 1991, after an attack on Saudi Arabian oil facilities
Fed trades ‘remarkably positive’ for ‘no precedents’ after volatile year
[ad_1] WASHINGTON (Reuters) – A year ago, U.S. Federal Reserve Chair Jerome Powell held a “remarkably positive outlook” for an economy enjoying a “historically rare” combination of good news including low unemployment, steady inflation and
Aramco tells Indian refiner it will get oil: source
[ad_1] (Reuters) – Saudi Aramco has told one Indian refinery there will be no immediate impact on oil supplies as it will deliver crude from other sources and had adequate inventory, a source with the