By Georgina McCartney HOUSTON - A wave of mega-mergers among oil producers is forcing the U.S. service companies that drill and hydraulically fracture wells to slash their prices, merge, or risk bankruptcy as they compete for a dwindling…
By Michael Martina and David Brunnstrom WASHINGTON (Reuters) - The United States is looking to bolster the capabilities of the Philippines to operate lawfully in its waters, a senior White House official said on Wednesday, ahead of a…
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday, supported by large draws in and fuel stocks, but were still close to their lowest level in six weeks due to concerns over weak global demand. Still, prices snapped…
Investing.com-- Oil prices rose Wednesday, recovering from recent losses after industry data showed a fall in U.S. inventories, suggesting strong demand from the world's largest consumer.At 08:30 ET (12:30 GMT), rose 1.2% to $77.89 a…
Stocks finished the day lower, but the FX market had a lot more action, especially in the , which moved sharply against the , the , the , the , and even the .
The move in the yen was broad-based across the market, and it looks like a…
MOSCOW (Reuters) - The Russian government is considering a ban on exports of diesel due to rising domestic prices, the Kommersant daily reported on Wednesday, citing several unnamed sources. Russia is the world's top seaborne exporter of…
Investing.com-- Gold prices rose in Asian trade on Wednesday, although gains were limited by strength in the dollar as uncertainty over the U.S. presidential race and anticipation of a Federal Reserve meeting kept traders on…
Investing.com-- Most Asian currencies moved in a flat-to-low range on Wednesday, while the dollar firmed as a rout in commodity prices and persistent uncertainty over the U.S. presidential race kept traders biased towards the…
US economic activity is on track to post a modestly firmer growth rate for the second quarter report scheduled for release on Thursday, July 25.
The estimate is based on the median estimate for a set of projections compiled by…
By Tom Polansek and Leah Douglas CHICAGO (Reuters) - Colorado began requiring dairies to test milk supplies for bird flu every week, the state's veterinarian told Reuters on Tuesday, as a federal team arrived to help investigate an…