Commodities

Marathon Petroleum's MLP to Buy MarkWest Energy

Marathon Petroleum Corp's master limited partnership (MLP), MPLX LP, will acquire MarkWest Energy Partners LP for about $15.63 billion to add natural gas processing facilities to its portfolio.

Saudi Arabia Squeezed by Oil Swoon

Saudi Arabia is getting squeezed by oil’s year-long slump, and projections call for the crude-rich country's budget deficit to widen in 2015.

Gold Falls After Biggest Monthly Loss in Two Years

Gold edged lower on Monday, after falling by the most in two years in July, as the dollar steadied ahead of U.S. economic indicators that could bolster expectations for a hike in U.S. interest rates soon.

Oil Prices Slip as China's 3Q GDP Growth Falls

U.S. crude prices fell more than 1% on Monday as China's economic growth eased in the third quarter to grow at the slowest pace since the start of the global financial crisis.