crude oil prices, opec, us oil reserve, donald trump and crude oil, donald trump, saudi arabia

Oil prices boosted by news China, U.S. put trade war 'on hold'

Analysts say there is enough supply to meet demand despite ongoing production cuts led by the Organization of the Petroleum Exporting Countries (OPEC), plunging output in crisis-struck Venezuela and looming U.S. sanctions against major oil producer Iran. May 21, 2018
China and US flags

China agrees to import more from U.S., no sign of $200 billion figure

President Donald Trump has threatened to impose tariffs on up to $150 billion on Chinese goods to combat what his administration says is Beijing's misappropriation of U.S.intellectual property through joint venture requirements and other policies that force technology transfers. May 20, 2018
Gold

Dollar and oil pause ascent, bonds and gold lick wounds

European stocks were 0.3 percent lower, but with the euro near a 5-month low following the dollar's surge and oil shares gleeful about its rapid rise, the region was heading for an eighth straight week of gains. May 18, 2018
flipkart

Walmart may launch IPO for Flipkart in as early as 4 years

Walmart announced earlier this week that it will pay $16 billion for a roughly 77 percent stake in Flipkart in what is the US retail giant's largest-ever deal and a move to take on arch-rival Amazon.com Inc in a key growth market. May 13, 2018
Modi

Modi to launch work on Nepal's biggest power plant

India has been slow to implement projects despite ambitious plans, and it has also often been a target of Nepali politicians critical of what they see as meddling by their overweening, much bigger neighbor. May 11, 2018