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    • Oil slips, economic worries offset US crude stocks draw

      China, the world's top energy consumer, saw its economy losing more steam in April despite easier monetary policy, while Europe's largest economy, Germany, slowed in the first quarter. In the United States, retail sales were flat in April, dampening hopes of a sharp rebound in growth in the second quarter.

    • Toshiba eyes 3 yr profit markdown in accounts probe

      Japan's Toshiba Corp said an internal probe into accounting irregularities may mean it has to mark down three years of profit by about 7 percent, soothing investor fears the investigation might blow up into a bigger accounting scandal.

    • Brent nudges up near $57, set for weekly gain

      The upwards lift has been sufficient that both Brent and US crude futures are set to post a weekly gain of more than 3 percent despite having been dragged down by record levels of Saudi output and US inventories earlier this week.

    • Dollar's run against commodities a concern for Dow: Detrick

      Ryan Detrick, Chief Strategist at Schaeffer's Investment, told CNBC-TV18 that higher dollar is sending crude down, creating pressure on the already sliding energy stocks, and developing additional concern for the market.

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