Wall Street backs away from Arctic drilling amid Alaska political heat

ANCHORAGE, Alaska (Reuters) – Three big U.S. banks have publicly announced break-ups with Arctic drilling in recent months, reflecting Wall Street’s increasing desire to cast itself as environmentally friendly... Read more »

Exxon, Chevron results augur tough year ahead, shares drop 3.5%

HOUSTON (Reuters) – Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S.... Read more »

Oil falls as China virus cases surpass SARS total

LONDON (Reuters) – Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the... Read more »

Sovereign wealth funds move mainstream, make less contrarian bets

LONDON (Reuters) – Sovereign wealth funds’ investment moves are becoming more closely aligned with the global asset management industry as they mature, and their growing size makes it harder... Read more »

Oil falls for sixth day as China virus raises global growth, demand concerns

TOKYO (Reuters) – Oil futures fell for a sixth session on Tuesday as the spread of a new virus in China and several countries raised concerns about a hit... Read more »

Oil extends declines as fears grow over China virus

TOKYO (Reuters) – Crude prices fell more than 2% to multi-month lows on Monday as the rising number of cases of the new coronavirus in China and city lockdowns... Read more »

Electric vehicle maker Rivian: expect prices lower than previously announced

MILL VALLEY, California (Reuters) – Electric vehicle startup Rivian on Saturday displayed its pickup truck and SUV at an event in San Francisco’s Bay Area and said that when... Read more »

Oil market shrugs off Libya crisis amid ample global supply

NEW YORK (Reuters) – Oil prices fell on Tuesday on expectations that a well-supplied global market, including supplies from growing record U.S. production, would be able to absorb disruptions... Read more »

Oil market shrugs off Libya crisis

LONDON (Reuters) – Oil prices fell more on Tuesday on expectations that a well-supplied market would be able to absorb disruptions that have cut Libya’s crude production to a... Read more »

China will increase imports from U.S. according to ‘market principles’: official

FILE PHOTO: Chinese Vice Premier Liu He and U.S. President Donald Trump sign “phase one” of the U.S.-China trade agreement during a ceremony in the East Room of the... Read more »