Inside OPEC room, Naimi declares price war on U.S. shale oil

VIENNA - Saudi Arabia's oil minister told fellow OPEC members they must combat the U.S. shale oil boom, arguing against cutting crude output in order to depress prices and undermine the profitability of North American producers.

Recent Business News

Kinder Morgan loses bid to extend injunction against Canada protesters

VANCOUVER - Kinder Morgan Energy Partners LP said on Thursday that it would clear its equipment and crews off a mountain in the Vancouver suburb of Burnaby by month-end, after it lost a bid to extend an injunction keeping protesters away from the site.

27 Nov 2014

BMW not interested in buying stake in Tesla: Wirtschaftswoche

FRANKFURT - Germany's BMW is not interested in buying a stake in U.S. electric carmaker Tesla Motors , German weekly WirtschaftsWoche reported on Friday, citing a BMW statement.

9:13am EST

World investors cut stocks and hold cash as uncertainty dominates

LONDON - World investors eased back on their exposure to risk assets such as stocks as they grappled with divergent monetary policies and multi-speed growth paths among major world economies, a global poll shows.

7:15am EST

Putin expects oil prices to find balance by middle of 2015

SOCHI, Russia - Russian President Vladimir Putin said on Friday he was confident the oil market would find its balance by the middle of next year.

7:46am EST

Poor performance catching up with active stock fund managers

BOSTON - Stock-picking fund managers are testing their investors’ patience with some of the worst investment returns in decades.

7:06am EST


  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary