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Brent crude LCOc1 was up 64 cents, or about 1.1%, at $59.28 a barrel at 0255 GMT, US crude CLc1 was up 55 cents, or 1%, at $55.42 a barrel.

Oil prices climb after Saudi oilfield attack, but recession worries drag

by Bomkazi Malobola

19 August 2019, 7:05 AM

Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as ...

Workers are seen on a sidewalk outside of the International Monetary Fund(IMF) headquarters building in Washington, DC.

Amid trade tensions and Brexit worries, IMF cuts global growth outlook

by Raymond Akamby

9 April 2019, 3:10 PM

The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2019 and warned growth could slow further ...

Gold prices touch one-week high on softer U.S. dollar

by Raymond Akamby

4 July 2018, 2:50 PM

Gold hit a one-week high on Wednesday, rebounding from this week's seven-month low, helped by a softer dollar and smouldering ...

Rand rises but on track for weekly loss, stocks up

by Raymond Akamby

29 June 2018, 7:06 PM

South Africa's rand firmed on Friday as the dollar fell, but was on track for a weekly loss as escalating ...

(FILES) In this file photo taken on July 10, 2013, a staff member adjusts a USn flag before the opening session of the US and China Strategic and Economic Dialogue at the US Department of State in Washington, DC.
The White House said on May 29, 2018

China lowers tariffs, rejects US trade war escalation

by Raymond Akamby

31 May 2018, 11:12 AM

China said Thursday it wanted to avoid an escalation of trade tensions with the United States, as the two sides ...

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