During Wednesday's trading session crude oil prices rose by 1.17% and settled down at $63.30 a barrel, as the US inventories decreased by 1.9M barrels last week, beating expectations of 1.6M barrels.
On Wednesday, the US Secretary of State Rex Tillerson classified military operation that is being conducted against the Rohingya Muslims by the army of Myanmar as "ethnic cleansing".
The Social Democratic Party of Germany faced pressure to reconsider proposing coalition talks to the Merkel's Conservatives to resolve the ongoing political crisis.
According to a regulatory filing published on Tuesday, one of Facebook's key investors Peter Thiel sold most of the stake he had in the social network.
On Wednesday, the Chief Strategist at Deutsche Bank Ulrich Stephan said investors should avoid bitcoin, as its fluctuations are too big, while regulation – too scant.
The South Korean Foreign Ministry reported on Wednesday the state's President Moon Jae-in would head to Beijing in December for a summit with his Chinese counterpart.
The US Energy Information Administration reported commercial crude oil inventories in the United States were down 1.9M barrels last week.
The University of Michigan's Consumer Sentiment Index managed to hit the 98.5-point mark in November, topping analysts' expectations for a 98.2-point reading.
According to the data released by Eurostat, preliminary November estimate of the consumer confidence indicator was up in both the Euro zone and the European Union.
The Census Bureau reported on Wednesday the US durable goods orders plummeted 1.2% over the course of October, following a 2% increase registered in the prior month.
The South African President Jacob Zuma designated the General Khehla Sitole as the National Police Commissioner, after around three years of the office being filled on an acting basis.
The British government is planning to start the reprivatisation of the Royal Bank of Scotland by selling £15B worth of shares, with the sale spread evenly over five years.
On Wednesday, South Africa's President Jacob Zuma and the next Zimbabwe leader Emmerson Mnangagwa met in Pretoria, the eNCA television reported.
The number of applications for US unemployment benefits plunged 13K to 239K in the week ending November 18, missing analysts' expectations for a 241K drop.
Global oil prices gained momentum on Wednesday, as reduced US inventories and supply restrictions in North America put upward pressure on the commodity.
The British Office for National Statistics reported on Wednesday that capital returns in the UK's dominant services sector fell to 16.5% in Q2 – its worst reading since late 2013.
Six of EU member countries, including Italy, France and Belgium, might fail to comply with the region's budget deficit rules in 2018, the European Commission said on Wednesday.
The Transition Report 2017-18 released by the EBRD shows that new growth models are needed for its member countries to ensure sustainable economic growth in the future.
India has approved the membership for the European Bank for Reconstruction and Development, thus aiming to enhance credibility and advance its economic interests.
The chief of the European Insurance and Occupational Authority explained that the EU needed harmonised insurance guarantees that would protect beneficiaries and policyholders.
The former Vice President of Zimbabwe Emmerson Mnangagwa is set to be sworn in as the country's President on November 24, following Robert Mugabe's resignation after about four decades in power.
The US hedge fund CRC offered to acquire Banca Carige's consumer credit unit Creditis, while the bank must accept the bid by Wednesday, closing the sale by December 6.
The United Stated sanctioned 13 North Korean and Chinese organisations that Washington had accused of evading nuclear restrictions imposed against Pyongyang and supporting it through trade.
Germany's energy company Uniper is set to cut about 2K jobs, which is 14% of the group's workforce, by the next year's end on the back of its planned cost-cutting programme.