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EU hangs tough, waiting for Greece to bend as euro wilts

 European Union finance ministers piled pressure on  Greece  on Tuesday to remain in an international financial rescue program as the euro fears of disruption when Athens' credit lines expire in 10 days time. But as he returned to meetings on other, routine, matters with...

Oil tops $60 for first time in 2015; oversupply persists

(Reuters) - Oil hit its highest level for the year on Friday with Brent crude rising above $60 a barrel, as euro zone economic growth exceeded expectations and market bulls priced in another drop in the U.S. oil rig count. The rise in prices was also fueled by bets that cuts in...

Oil steadies after weak Chinese trade data

 Oil prices steadied on Monday as falling U.S. oil rig counts and conflict in producer Libya were balanced by a slump in Chinese imports, pointing to lower fuel demand in the world biggest energy consumer. "Weak China trade data are likely to weigh on industrial commodity...