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Dollar rallies from worst loss in 4 months

  Bloomberg A gauge of the dollar partially rebounded after incurring its biggest loss since February on weaker-than-forecast payrolls data that doused speculation the Federal Reserve will raise interest rates in the coming months. The U.S. currency remained near a three-week low against major peers touched Friday, when a Labor Department report showed employers in May added the least number ...

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Aramco raises most Asia oil pricing amid robust demand

  Bloomberg Saudi Arabia, the world’s largest crude exporter, raised pricing on most oil grades for sale to Asia and the U.S. in July after the nation’s energy minister said demand was robust. State-owned Saudi Arabian Oil Co. increased its official selling price for Arab Light crude by 35 cents a barrel to 60 cents more than the regional benchmark ...

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Saudi Arabia races through financial toolkit to raise funds

  Bloomberg Saudi Arabia’s plans to bolster its finances are taking on a new sense of urgency as lower oil prices put the economy under more strain than at any other time in the past decade. In recent weeks, the kingdom raised a $10 billion loan, clamped down on currency speculators and informed banks of plans to raise as much ...

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