US crude climbs 3.3% to 7-week closing high of $47.89 after Saudis vow to cut exports

Oil prices rose to a seven-week high on Tuesday after Saudi Arabia pledged to curb exports next month and OPEC called on several members to boost compliance with output cuts to help rein in oversupply and tackle flagging prices. U.S. West Texas Intermediate (WTI)...

Greece’s €3bn bond sale doesn’t mean its debt crisis is at an end | Nils Pratley

Compare and contrast. As Greece raised money in the bond markets for the first time in three years on Tuesday, prime minister Alexis Tsipras declared that the fundraising was “the most significant step to finish this unpleasant adventure”, meaning the...

Eli Lilly CEO expects a Trump executive order on drug pricing this year

Eli Lilly CEO David Ricks said he expects a presidential executive order targeting drug prices this year. Ricks said on an earnings call Tuesday that he expects President Donald Trump to sign an order. Reports have indicated that a measure may be weeks away, perhaps...