Asian stocks weaken as traders eye central bank rate plans

European futures are down, US futures are a little higher Tech names led Asian stocks lower, but Japan backtracks The euro maintained its recent gains, and the Australian dollar rose after the minutes of the Reserve Bank of Australia meeting Oil and gold slip HONG KONG (Reuters) – Asian stocks fell on Tuesday after overnight … Read more

Guyana is racing against the clock to reap its oil wealth

More than 11 billion barrels of oil and gas have been found off the coast of Guyana The country wants to speed up production to develop the economy Hope to negotiate more suitable contracts for the next stage New offshore oil blocks on display from September GEORGETOWN (Reuters) – For the poor, tiny South American … Read more

Biden confronts Saudi crown prince over Khashoggi murder, expects action on energy

JEDDAH, Saudi Arabia (Reuters) – U.S. President Joe Biden said on Friday he told Saudi Crown Prince Mohammed bin Salman he held him responsible for the killing of Washington Post journalist Jamal Khashoggi, shortly after the kingdom dealt a fatal blow. De facto ruling. On a trip to restore relations with a country he described … Read more

Exclusively Saudi Arabia doubles its imports of Russian fuel oil in the second quarter for power generation

People walk near power plant No. 10 in the central operations area of ​​the Saudi Electricity Company, south of Riyadh, April 27, 2012. Reuters Register now to get free unlimited access to Register This includes content produced in Russia, where law restricts coverage of Russian military operations in Ukraine. Saudi Arabia burns Russian fuel … Read more

Analysis: Euro at par. Its fate is now with the energy markets

Euro coins sinking into the water in this illustration taken, May 23, 2022. REUTERS/Dado Rovich/Illustration Register now to get free unlimited access to Register LONDON (Reuters) – The euro’s plunge below $1 for the first time in two decades puts it on course for one of the worst years in its history, especially if … Read more

EXCLUSIVE – US considers resuming offensive arms sales to Saudis – sources say

WASHINGTON/RIYADH, July 11 (Reuters) – The Biden administration is discussing a possible lifting of its embargo on US offensive arms sales to Saudi Arabia, but any final decision is expected to depend on whether Riyadh makes progress toward ending the war next door. Yemen, according to four people familiar with the matter. Three sources said … Read more