Dollar gains as oil climbs and investors focus on the Fed

The US dollar remained lower on Wednesday after stress in European bond markets abated ​and as eyes turned to the release of ...

Oil prices rise as storms and air strikes threaten supply

Oil prices rose on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and ...

IEA to meet Wednesday over proposed release of oil, diesel stocks, two EU diplomats say

The governing board of the International Energy Agency ​will hold an informal ‌meeting at 1300 local time on Wednesday to ...

Porsche braces for lower sales era, seeks lifeline from luxury

Porsche is steeling itself for persistently lower sales, the Volkswagen brand said on Wednesday, pitching a turnaround plan ...

European shares, euro fall as energy shock, fiscal worries bite

Asian markets were slightly weaker on Wednesday even though US stocks touched new highs, as oil prices rose with a storm ...

Aker BP's major projects off Norway to cost more, fiscal budget shows

The cost of Aker BP's ​major ongoing oil and gas development projects, Yggdrasil and ‌Valhall-Fenris, has risen by 9.8% and 23%, respectively, from nominal estimates a year ago, data from the ...