Tags: Oil
Gulf states need to reform spending as oil price slips: Kuwait
Gulf Arab oil exporters will have to reform their state spending and make cuts in some areas because of weak oil prices, Kuwaiti Finance Minister Anas al-Saleh said on Saturday.
Look to energy names for global demand clues
Slumping energy shares drove the recent U.S. stock market selloff more than any other major group, so investors are turning to next week's slate of earnings to see if the sector can pull itself out of the pit.
Asia stocks hobbled by growth woes, China PMI fails to impress
Asian shares sagged on Thursday after a retreat on Wall Street and falling crude oil prices rekindled investor anxiety over slowing global growth, while a mixed picture on Chinese manufacturing failed to impress markets.
Fund managers fasten seatbelts after a week of wild markets
Even the wildest markets nearly always draw opportunists looking for profitable ways to play them. But recent volatility has hit such a level that the strongest-nerved are thinking twice.