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Larry Summers: Trump's trade war is a 'Stop, or I'll shoot myself in the foot' strategy New York (CNN Business) Former US Treasury Secretary Larry Summers says President Donald Trump's love affair with tariffs is backfiring. And he's not surprised at all. Breaking from decades of US presidents lowering trade barriers, Trump is waging a ...
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OPEC gearing up for deeper oil cuts, Russia yet to agree VIENNA (Reuters) - OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over details of a deal to support oil prices and head off a looming oil glut next year. FILE PHOTO: The logo of the Organization ...
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Exclusive: Saudi Aramco pursues war cover after attacks - sources LONDON/RIYADH (Reuters) - Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters. FILE PHOTO: Workers are seen at the ...
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OPEC is considering deeper production cuts, but its meeting is in disarray before it even gets started OPEC's meetings appear to be in disarray even before they begin this week, but analysts see a growing chance the fractured group may ultimately agree to deeper production cuts. Members of the Organization of the Petroleum Exporting Countries meet ...
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OPEC gearing up for deeper oil cuts, Russia yet to agree VIENNA (Reuters) - OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over details of a deal to support oil prices and head off a looming oil glut next year. FILE PHOTO: The logo of the Organisation ...
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The rise, disappearance, and retirement of Google co-founders Larry Page and Sergey Brin No two tech executives are quite as enigmatic and private as Google co-founders Larry Page and Sergey Brin. The two men, who started Google more than 20 years ago while computer science graduate students at Stanford University, have hardly been seen ...
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Oil gains before OPEC meetings, helped by decline in US inventories TOKYO (Reuters) - Oil gained on Wednesday ahead of meetings this week where OPEC and its allies are expected to extend production curbs to support the market, while industry data showing that U.S. crude stockpiles fell more than expected helped to lift ...
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Oil rises before OPEC+ meet, lifted by drop in US crude stocks TOKYO (Reuters) - Oil prices rose on Wednesday ahead of a meeting of OPEC and its allies to discuss whether to extend production curbs to support the market, while industry data showing that U.S. crude stockpiles fell more than expected helped to lift ...
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Oil steadies after price jump; investors wait on OPEC meetings TOKYO (Reuters) - Oil prices edged lower in muted trading on Thursday ahead of the start of OPEC meetings later in the day, steadying after the previous session's steep gains on a sharp drop in U.S. crude inventories and expectations of more output cuts.
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Tired of OPEC Laggards, Saudis Threaten Oil-Output Surge VIENNA—Saudi Arabia is threatening to boost oil production unilaterally if some OPEC nations continue to defy the group's output curbs, cartel officials said. The ultimatum comes ahead of a gathering between the Organization of the Petroleum Exporting ...
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