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Oil prices fell by around 1 percent on Monday as drilling activity in the United States, the world's largest oil producer, picked up and financial markets were pulled down by trade concerns.

Newmont unanimously rejected a hostile takeover bid from Canadian rival Barrick Gold, saying its own merger with Goldcorp was a better option.

Cannabis producer Aurora Cannabis Inc. reported a surge in revenues between July and September, and "strong" recreational pot sales since Canada legalized marijuana for adult use last month.

The U.S. oil drilling rig count declined this week for the first time in four weeks, although the rig count held close to its highest in over three years as production surges to record highs and some companies forecast even higher output this year.

U.S. Crude Oil Inventories Fell by 1.4M Barrels Last Week: EIA

U.S. energy firms this week reduced the number of oil rigs operating for the third time in four weeks even as crude production forecasts increase despite some drillers cutting spending.

Source: www.bizjournals.com Mazda Toyota Manufacturing USA is collaborating with the state for a joint $1.6 billion plant in Huntsville, Alabama. From 2021, Mazda Toyota expects...

Oil and gas business activity in Texas and neighboring states plunged in the fourth quarter, according to the Dallas Federal Reserve.

U.S. energy firms this week increased the number of oil rigs operating for the first time this year but the rig count in January fell the most in a month since April 2016, as the boom in the Permian, the nation's biggest shale oil formation, cools.

Source: globenewswire.com The U.S. Food and Drug Administration has accepted Roche’s Biologics License Application and granted Priority Review for polatuzumab vedotin in combination with bendamustine...