SINGAPORE (Reuters) - Oil prices on Wednesday extended falls from the previous day, when crude slumped as much as 5 percent, after Saudi Arabia said it would make up for supply disruptions from U.S. sanctions targeting Iran’s petroleum exports from next month.

TOKYO (Reuters) - Asian shares edged lower on Tuesday as earnings season nerves in the U.S. dented Wall Street, while a cocktail of negative factors from Saudi Arabia’s diplomatic isolation to concerns over Italy’s budget and Brexit talks depressed sentiment.

SINGAPORE (Reuters) - Oil prices were steady on Tuesday as Saudi Arabia pledged to play a “responsible role” in energy markets, although sentiment remained nervous in the run-up to U.S. sanctions against Iran’s crude exports that start next month.

The world consumption grew 6.6%, on a year-to-year basis, to 10.653 million tonnes from January 2018 to September 2018; While, the world production recorded a slower growth at 1.5% to 9.779 million tonnes, on a year-to-year basis. This resulted to a supply deficit of 874,000 tonnes during the same reference period based on these statistics. 

BENGALURU (Reuters) - The outlook for global growth in 2019 has dimmed for the first time, according to Reuters polls of economists who said the U.S.-China trade war and tightening financial conditions would trigger the next downturn.

SYDNEY (Reuters) - Asian share markets fell anew on Monday as investors braced for the peak of the U.S. earnings season while angst over Saudi Arabia, Italy and Brexit kept geopolitics front and center.