[NEW YORK] Oil climbed to the highest in nearly two months amid optimism that the US and China are close to locking down a partial trade deal.

SINGAPORE power generation company Senoko Energy is seeking a loan and other support from the government amid the overcapacity in the local power market.

GOLD REPORT

SUBDUED global growth momentum granted some respite for safe haven assets as risk appetites stay measured over disappointing economic releases. Global trade optimism over a potential resolution to...

[KALAMB, India] Heavy rains in October and November have brought more misery to India's farmers, after summer-sown crops such as soybean, cotton, rice and vegetables suffered rain and flood damage...

[NEW DELHI] ArcelorMittal won approval from India's top court to complete its US$5.8 billion purchase of a bankrupt steel mill, clearing the way for tycoon Lakshmi Mittal to enter the world's...

[SINGAPORE] Petrol producers in Asia are enjoying their best profit margins in weeks, boosted by unexpected demand for imports from India as refineries there shut for upgrades needed to supply...

[DUBAI] As investors weigh up the value of Saudi energy colossus Aramco ahead of its IPO next month, the global drive to contain climate change and waning demand for fossil fuels are seen as key...

[BRUSSELS] The European Union's investment arm said on Thursday it will stop funding fossil fuel projects from 2022 as part of a new strategy aimed at fighting climate change, in a decision...

[DUBAI] Iran introduced petrol rationing and price hikes on Friday with an official saying that the revenue would be used for subsidies for 18 million needy families, state television reported....

[NEW YORK] Oil prices eased on Thursday as US crude futures were pressured by a build in domestic inventories and record production, but losses were limited by forecasts from the Organization of...