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Emerging markets climb as USA jobs data eases Fed-rate anxiety

  Bloomberg Emerging-market currencies rose from the lowest levels in a month and stocks rallied as data showing slower-than-forecast U.S. employment growth reduced the odds that the Federal Reserve will move quickly to raise interest rates, propping up demand for riskier assets. An MSCI Inc. index of developing-nation exchange rates rose 0.3 percent, ending a four-day losing streak. The equity ...

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Saudi raises pricing for Oct crude to Asia on demand

  Bloomberg Saudi Arabia, the world’s largest crude exporter, raised pricing for October oil sales to Asia and the U.S. in a sign of strengthening demand. State-owned Saudi Arabian Oil Co., known as Aramco, increased its official selling price for Arab Light crude to Asia by 90 cents a barrel, to 20 cents below the regional benchmark, it said Sunday ...

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Iran ready to help restore oil market balance after it regains share

  Bloomberg Iran is ready to support any decision to help restore balance to the oil market after it regains its pre-sanctions market share, the Iranian oil ministry’s SHANA news agency reported on Saturday, quoting a minister. Algerian Energy Minister Nouredine Bouterfa said after talks in Tehran with his Iranian counterpart, Bijan Zanganeh, that the Organization of the Petroleum Exporting ...

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