CNBCAsian markets trade cautiously; economic data in focusCNBCAsian equities traded cautiously in the morning session on Wednesday as major markets such as Japan and China released economic data. Oil prices also ticked up during Asian trading session after …

CNBCOil's plunge to weigh on Asia market openCNBCReports on Tuesday said Woodside Petroleum officially withdrew its 11.64 billion Australian dollar ($8.46 billion) takeover bid of rival Oil Search to consolidate market position. Oil Search had already …

ReutersGE relies on aviation to offset oil slumpFinancial TimesThe oil and gas services and equipment business, which GE built through a series of acquisitions in recent years, held up despite the sharp downturn in the industry. Profits were down 12 per ce …

CNBCUpward correction will take oil to $60: Bunker supplierCNBCGenoa-based bunkering firm Fratelli Cosulich believes that global oil markets are poised for a rise, after a persistent slump halved prices from a year ago. "Oil prices will see a correcti …

New York TimesOil Exports Should Be Paired With Clean Energy Tax BreaksNew York TimesThe oil industry and its friends in Congress, mostly Republicans, want to get rid of restrictions on exports of crude oil that were established 40 years ago during the ene …

CNBCOil: No gain without pain for Saudi ArabiaCNBCThe oil price collapse over the past 16 months has forced the world's biggest energy companies to cut hundreds of billions of dollars in future spending to bolster their balance sheets. But Ali al-Naimi …

CNBCLower oil prices, euro to boost EU growth - DombrovskisCNBCLower oil prices and a fall in the value of the euro will boost the European Union's (EU) economy, making speculation of an expanded central bank stimulus program less relevant, the Europea …

Yahoo FinanceMore downside ahead for oil will make oil stocks a buy: AnalystYahoo FinanceAfter rallying some 25 percent from the middle of last week through Monday, the price of a barrel of oil (CLV15.NYM) dropped 8% on Tuesday. Manufacturing data from Chi …

CNBCChina loans Venezuela $5B to boost oil outputCNBCVenezuela and China have signed a deal for a $5 billion loan designed to increase the OPEC country's oil production, Venezuelan President Nicolas Maduro said. Maduro, speaking from China in a show br …

CNBCChina strengthens hold over oil market as price-makerCNBCChina's growing ability to buy and sell millions of barrels of crude oil on the Asian physical market in a matter of minutes through its main trading firms has given China so much clout that …