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Exclusive - Iran's support for Syria tested by oil price drop

Dec 20, 2014 at 00:45 | Source: FirstPost

AMMAN (Reuters) - Syrian businessmen and trade officials say they are worried the economic lifeline provided by Iran is under strain from plunging oil prices, despite public messages of support from Syria's strongest regional ally. Syrian President B...

Peshawar Taliban school attack: Eyewitness accounts

Dec 17, 2014 at 13:37 | Source: BBC

More than 140 people are known to have been killed after Taliban gunmen opened fire inside a school in Peshawar, Pakistan. Most of those who died were children. Details are still emerging of what happened inside the school - here are a number of acco...

Former top planning official jailed for life in China over graft

Dec 10, 2014 at 09:15 | Source: FirstPost

BEIJING (Reuters) - A Chinese court on Wednesday sentenced to life imprisonment the former deputy head of China's top planning agency in a bribery scandal that exposed graft at the highest levels of China's government.The sentence, handed down by a c...

Philippines moves to calm panic-buying as typhoon bears down

Dec 05, 2014 at 03:45 | Source: FirstPost

MANILA (Reuters) - Panic-buying of food broke out in the central Philippines on Thursday and schools and government offices were shut, as provinces yet to recover from last year's devastating super-typhoon Haiyan braced for another category 5 storm.T...

Oil Prices Higher on China's Surprise Rate Cut

Nov 22, 2014 at 02:00 | Source: Wall Street Journal

China's surprise rate cut fanned hopes of increased demand from the world's second-largest crude consumer. Above, a driver fills her car with gasoline in Baoding, China. Zuma Press. By. Tim Puko And. Cassie Werber. Cassie Werber. The ...

Oil Prices Jump on China's Surprise Rate Cuts

Nov 21, 2014 at 22:01 | Source: Wall Street Journal

China's surprise rate cut fanned hopes of increased demand from the world's second-largest crude consumer. Above, a driver fills her car with gasoline in Baoding, China. Zuma Press. By. Tim Puko And. Cassie Werber. Cassie Werber. The ...

Mexico: Angry citizens launch protests for 43 missing students

Nov 21, 2014 at 09:24 | Source: FirstPost

Mexico City: Tens of thousands marched in the capital Thursday demanding that authorities find 43 missing college students, seeking to pressure the government on a day normally reserved for the celebration of Mexico's 1910-17 Revolution.Officials had...

23 killed in Syria barrel bomb attacks

Nov 18, 2014 at 23:15 | Source: FirstPost

Beirut, Nov 18 (IANS/EFE) At least 23 people were killed Monday and Tuesday by barrel bombs launched by forces loyal to Syrian President Bashar al-Assad near the northern Syrian city of Aleppo, according to the Syrian Observatory for Human Rights (SO...

Indonesia raises fuel prices by more than 30%

Nov 18, 2014 at 16:47 | Source: BBC

The Indonesian government has increased fuel prices by more than 30% in an attempt to save the economy more than $8bn (£5bn) in 2015. Prices were raised by 2,000 rupiah ($0.16; £0.10) per litre, with gasoline now costing 8,500 rupiah and diesel 7,5...

IEA Suggests Oil Prices Rout Could Continue Unless Output Cut

Nov 14, 2014 at 16:01 | Source: Wall Street Journal

Prices at gasoline stations have been coming down as the price of crude drops. Bloomberg News. By. Sarah Kent. Sarah Kent. The Wall Street Journal. CANCEL. BiographySarah Kent · sarah.kent@wsj.com · @sarahkentDJ · Goo...

Libyan protesters seize eastern oil port as Benghazi toll hits 300

Nov 10, 2014 at 02:45 | Source: FirstPost

BENGHAZI/TUNIS (Reuters) - Libyan state security guards have started a protest at the 120,000 barrel per day Hariga oil port in the east, halting all oil exports from the terminal, a Libyan oil official said on Saturday.The closure only adds to the g...

Kuwait energiser for ONGC

Nov 03, 2014 at 04:13 | Source: Calcutta Telegraph News

New Delhi, Nov. 2: Kuwait’s Petrochemical Industries Company (PIC) plans to pick up around 26 per cent in two ONGC projects for about $1 billion. Sources said Kuwait’s state-owned company was in the final stage of negotiations to acquire...

Case for U.S. Oil Exports Seen Strengthened by Report

Oct 31, 2014 at 06:00 | Source: Bloomberg

The U.S. Energy Department said the nation's gasoline prices are linked to international crude oil, a conclusion that backs those in favor of lifting 39-year-old restrictions on crude exports. The analysis by the Energy Information Administra...

Case for US Oil Exports Seen Strengthened by Report

Oct 31, 2014 at 06:00 | Source: Business Week

The U.S. Energy Department said the nation's gasoline prices are linked to international crude oil, a conclusion that backs those in favor of lifting 39-year-old restrictions on crude exports. The analysis by the Energy Information Administra...

US Economic Growth Should Keep in Private

Oct 31, 2014 at 02:01 | Source: Wall Street Journal

Consumer spending is likely to pick up this quarter amid an improving job market and a slide in gasoline prices. Above, shoppers at a Renton, Wash., Lowe's store last year. Bloomberg News. By. Justin Lahart. Justin Lahart. The Wall Street Jou...

Newly re-elected Brazil President Rousseff faces divided house

Oct 28, 2014 at 08:19 | Source: FirstPost

Rio de Janeiro: Brazil's re-elected leader Dilma Rousseff on Monday faced a house divided after a bitterly fought election that culminated in the narrowest presidential win since the nation's return to democracy three decades ago.In a victory speech,...

US Consumer Prices Rise 0.1 Per Cent in September

Oct 22, 2014 at 22:00 | Source: NDTV Profit

Washington: US consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices. The tiny gain was the latest evidence that inflation remains benign. Consumer prices rose 0.1 p...

Brent Crude Rises as China's Growth Exceeds Estimates

Oct 21, 2014 at 16:01 | Source: Bloomberg

West Texas Intermediate rose for the third time in four days amid speculation motor-fuel inventories shrank in the U.S., the world's biggest oil consumer. Brent advanced in London. Futures climbed as much as 0.9 percent in New York. Gasoline ...

Brazil's Neves closing campaign cash gap thanks to banks and ethanol

Oct 17, 2014 at 01:45 | Source: FirstPost

SAO PAULO (Reuters) - A late injection of campaign cash is helping business-friendly opposition candidate Aecio Neves push Brazil's presidential runoff against incumbent Dilma Rousseff down to the wire, eroding her huge fundraising advantage.Many of ...

Crude Oil Rebounds After Slipping to Fresh Lows

Oct 17, 2014 at 00:01 | Source: Wall Street Journal

Gasoline prices in the U.S. are the lowest they've been in four years. Why? WSJ's Jason Bellini has #TheShortAnswer. NEW YORK—Oil prices rebounded Thursday as traders who had bet on lower prices locked in profits after the benchmark...

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