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
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
PNB

Fraud-hit PNB rapped for not making timely regulatory disclosures

PNB, India's second-largest state-run bank, said in February two jewellery groups had defrauded it of more than $2 billion by raising credit from overseas branches of other Indian banks via illegal guarantees issued by rogue PNB staff over several years. May 18, 2018
daily petrol price, daily diesel price, fuel prices in india, indian economy, india crude oil imports, petrol pumps, ioc, hpcl, bpcl

Asia oil thirst tab $1 trillion a year as crude rises to $80

With the US dollar - in which virtually all oil is traded - also growing stronger, concerns are rising that economies will take a hit, especially in import-reliant Asia. Surging costs could have an inflationary effect that will hurt both consumers and companies. May 17, 2018