Listen Live

Current Weather

Loading advertisement…

Oil prices drop as U.S. crude inventories show an increase

By Sam Li and Lewis Jackson BEIJING, March 18 (Reuters) - Oil prices slightly fell on Wednesday morning after sources citing American Petroleum Institute figures showed an increase in U.S. crude inventories. Brent futures dropped $1.15, or 1.11%, to $102.27 a barrel by 0108 GMT, while... Read More.

Elliott Management confirms stake in Japan shipper Mitsui OSK

March 18 (Reuters) - Elliott Investment Management said on Wednesday that it has a built a "significant" investment in Japanese shipping company Mitsui OSK Lines, confirming an earlier Reuters report. (Reporting by Fabiola Arámburo in Mexico City; Editing by Sherry Jacob-Phillips) Brought to you by... Read More.