Trump says King of Saudi Arabia offered his ‘sincere condolences’ in wake of Pensacola shooting
The president said he spoke to Saudi Arabia’s King Salman Al-Saud Friday, following a deadly shooting on a Pensacola, Florida naval base, which authorities say was committed by a visiting Saudi national.
OPEC supply cut not timed for Aramco listing, Saudi energy minister says
The oil price has risen after OPEC and other producers agreed to a deeper-than-expected production cut.
Saudi energy minister defends US shale producers: ‘They are creating jobs’
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman played down any rivalry between U.S. shale producers and more established oil producers in the Middle East.
Bank of Canada Governor Stephen Poloz to step down when term ends next year
The front-runner in the race to take his place could become the first woman to head the country’s central bank.
Kudlow says a trade deal is close, but Trump is prepared to ‘walk away’ if some conditions not met
“The president has said many times if the deal is no good … we will not go for it. We will walk away,” Kudlow said.
Oil posts best week since June as OPEC and allies announce deep production cut
Oil rises as OPEC and allies announce deep production cut.
Jobs growth soars in November as payrolls surge by 266,000
Those totals easily beat the Wall Street consensus. Economists surveyed by Dow Jones had been looking for job growth of 187,000.
‘Is this the beginning of the end?’: OPEC discord raises questions about its long-term future
The future of OPEC looks increasingly uncertain, energy analysts told CNBC Friday, citing a deepening rift among the 14-member group.
Trump’s tricky decision: Hit Chinese goods with new tariffs or hold off
In less than two weeks, Trump must decide whether to slap tariffs on $156 billion in consumer goods made in China or move the goal post yet again.
Tesla cars built in China have been recommended for government subsidies, report says
Tesla has constructed a factory in the city of Shanghai.