Oil prices declined on Friday over the resurgence of coronavirus infections in the world’s second-largest oil consumer, China, as the country tightened lockdowns and restrictions, intensifying concerns over weak demand. International benchmark Brent crude was trading at $55.47 per barrel at 0659 GM»»»

TOKYO (Reuters) - Global shares held firm on Tuesday, with a solid foundation in place to extend their bull run to a 12th consecutive session as optimism about the global economic recovery and expectations of low interest rates drive investments into riskier assets. Oil prices soared to a 13-month »»»

Wall Street stocks powered to fresh records Monday, while bitcoin also touched an all-time high after Tesla declared itself an investor in the cryptocurrency. Also rising were oil prices to a 52-week high, while US Treasury yields also surged before pulling back. All three major US stock indices st»»»

The United States saw an improvement in its demand recovery forecast. The American Petroleum Institute (API) reported last Tuesday that crude oil inventories fell to 4.3 million barrels during the last week of January. This data contrasts sharply with analysts' forecasts, who expected an increase o»»»