Oil prices settle lower as EIA data point to further gains in US shale output

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Oil prices settle lower as EIA data point to further gains in US shale output

Oil futures settled lower Monday, as the latest data fed expectations that U.S. output will continue to rise this year, erasing some of the price gains scored late last week on a lower weekly U.S.
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OPEC Price Fight Weighs on Oil

Oil prices fell Monday, weighed down by concerns about a rapid rise in U.S. crude output as cracks emerged in OPEC's united front on output cuts.
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Asian equities rally sputters as Wall Street runs out of steam

An investor reads the finance section of a newspaper at a brokerage in Beijing. File picture: REUTERS. Tokyo – Asian stocks stalled on Tuesday as Wall Street shares lost steam, while the dollar sagged on declining US yields.
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Southwest passengers leap from wing after emergency landing

ALBUQUERQUE, N.M. – A Dallas-bound flight made an emergency landing at Albuquerque International Sunport, sending panicked passengers leaping from a wing onto the tarmac after crew members screamed at them to get away from the aircraft, passengers and …
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Goldman Sachs sets up likely heir apparent to CEO Lloyd Blankfein

Goldman Sachs named a clear front-runner Monday in the race for who will succeed the bank's long-serving chief executive, Lloyd Blankfein, announcing that David Solomon will become the firm's sole president and chief operating officer and that its …
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