Crude Oil-stockpiles

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US denies civil nuclear deal, Obama urges Pakistan to avoid raising nuclear tensions in South Asia
World

US denies civil nuclear deal, Obama urges Pakistan to avoid raising nuclear tensions in South Asia

US President Barack Obama urged Pakistan on Thursday to avoid developments in its nuclear weapons program that could increase risks and instability.

Chart: Brent below $96, lowest since Jan 2011
Investing

Chart: Brent below $96, lowest since Jan 2011

Oil hit multi-month lows this week on concerns that Spain's soaring bond yields could eventually lead to an international bailout for Madrid, but investors hope any further monetary easing by the US will boost liquidity and support prices.