Oil

Niger Expels Chinese Oil Executives Over Failure to Meet Local Content Criteria
Niger’s military leadership ordered three Chinese oil executives to leave the country, saying they failed to meet a new provision to the mining code aimed at promoting the use of local goods and services.

Saudi Arabia Raised by S&P as Economic Diversification Pays Off
Saudi Arabia’s credit rating was upgraded by S&P Global Ratings for the first time in two years, as the kingdom’s efforts to diversify the economy from oil pay off.

S&P 500 Stages Rebound After $5 Trillion Plunge: Markets Wrap
A bounce in stocks calmed nerves among equity investors, but the fallout from Donald Trump’s political maneuvering continued to shake global markets and rattle US consumers. Yields on German bonds surged as government leaders agreed on a massive defense spending package, while the ultimate haven asset — gold — topped $3,000 for the first time.