Oil advances most in seven weeks
Oil prices surged the most in seven weeks as declines in refined product inventories outweighed another increase in crude stockpiles
US oil drillers cut rigs: Baker Hughes
US energy firms this week cut oil rigs for the first time in the three weeks as crude prices have fallen to their lowest in over a year.
Shanghai rebar steel plunges
Rebar construction steel prices plunged more than 5 per cent in China on Wednesday amid expectations of robust supply and leaner demand.
Oil slumps 7pc on demand worries
Oil prices tumbled about 7 per cent, with US crude plunging to its lowest level in more than a year.
Copper rises for fifth session
Copper rose for a fifth straight session, with hopes of a resolution to the US-China trade war outweighing the threat of higher US tariffs on Chinese goods.
Oil rebounds on lower US stockpiles
Oil futures rose for the second consecutive session after this week's steep losses as US fuel stockpiles declined.
Hedge covering paced oil rout: Goldman
One of the main culprits for this week's oil price rout was a rush by Wall Street banks to cover their exposure to oil producers' hedges, ac...
Bull cases challenged by oil's rout
Fund managers broadsided by the tumble in megacap tech stocks have a new reason to stress out: oil's epic losing streak.
OPEC says output will be cut as needed
OPEC and allied oil producers will cut or adjust production as needed to balance the market, the group's president, United Arab Emirates Ene...
IEA welcomes return of oil surplus
The International Energy Agency welcomed the oil market's return to surplus as OPEC's production surge swells global stockpiles and drives p...
