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Oil prices edge up on technical price momentum

(Reuters) - Oil prices edged up in early Asian trading on Friday benefiting from positive technical price momentum, but analysts said it was too early for a trend reversal of steep recent price falls as structural oversupply remains in place. While the fundamental outlook for oil...

Asia shares wobble as Swiss move heightens volatility

(Reuters) - Asian shares stepped back on Friday and major currencies  mostly stuck to late U.S. levels as investors caught their breath, after Switzerland's unexpected move to abandon its currency cap jolted markets already roiled by plungingcommodities prices. The euro...

ISIL oil income is lowest in last 6 months

Oil income of the Islamic State in Iraq and the Levant is at its lowest in the past six months due to the U.S-led international coalition’s airstrikes, Iraqi parliament members have said Tuesday. “ ISIL will be in a bad financial situation as its current...