Oil price slumps to seven-month low as Saudi king unveils successor
A renewed slump in oil prices to seven-month lows dragged down world stocks and long-term bond yields on Wednesday, as bets that
Oil price hedging loses steam as low prices lure airlines, shippers
The past month’s plunge in oil prices has turned the market for hedging upside down. Oil producers have scaled back locking in future
Oil rises after Saudis, Russia agree supply cut to be extended
Oil prices jumped 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and Russia