Browsing Category

latest news

Oil prices fall as US inventories increase

Oil prices fell on Wednesday after a report showed US crude and fuel stocks rose, raising fears that the world's three-year-old inventory will not end soon. By 0650 GMT, Brent crude futures were down 6 cents or 0.1 percent at $ 46.59 a…

EU imposes $ 2.7 billion fine against Google

The European Union's antitrust authorities have imposed a record fine of 2.42 billion euros ($ 2.7 billion) on Google, owned by Alphabet. The European Union's antitrust commission said on Tuesday that Google had 90 days to stop its own…

Oil rises for a fourth consecutive day

Oil prices rose for a fourth consecutive session on Tuesday, as investors moved to cover city centers despite concerns about continued oversupply in world markets. Global Brent crude <LCOc1> rose 35 cents, or 0.7 percent, to $ 46.18…