Oil Skids to Multi-Week Lows on Concerns of Increasing Supplies

28.05.2018, 20:14

Oil prices continued to decline on Monday as Saudi Arabia and Russia said they may boost supplies while U.S. output showed no indication of abating.

Gold Prices Drop on Renewed Expectations of U.S.-North Korea Summit

28.05.2018, 19:39

Gold prices dropped on Monday on renewed expectations of a U.S.-North Korea summit, while a firm dollar added pressure on the market.

Oil Tanks as OPEC, Russia Mull Boosting Production Amid U.S. Surge

28.05.2018, 19:17

Oil prices edged down on Monday, adding to steep declines from Friday as OPEC's de-facto leader Saudi Arabia and Russia said they may boost output and as U.S. production increases show no signs of slowing down.

Euro Rebounds from 6-½-Month Lows, Italy in Focus

28.05.2018, 18:05

The euro eased from a 6-½-month low versus the dollar on Monday, catching its breath after Italy's president tried to alleviate investor worries about political unrest in the country, although the prospect of a near-term election capped gains.

Energy Stocks Tumble as OPEC Considers Production Increase

28.05.2018, 17:43

Energy stocks in the Asia-Pacific region slid on Monday after news that producer cartel OPEC was mulling to increase production triggered oil prices to tank on Friday.