Oil prices slip as U.S. crude output nears 12 million bpd

Thu, 17 Jan 2019 - 10:36 GMT

Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge.

Stocks turn red, pound finds some peace

Thu, 17 Jan 2019 - 10:32 GMT

Concern over China’s economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment’s peace.