Discoveries of new oil and gas fields have dropped for fresh 60 year low according to research group by IHS Markit.

There are only 174 oil and gas discoveries worldwide last year compared to an annual average of 4 to 5 hundred until 2013.

The slowdown shows the world is likely to rely on resources such as U.S. shale oil and gas to meet demand for future decades.

China's top foreign exchange regulator has tried to reassure investors in a rare media interview.

Pan Gongsheng said the country is not intending to impose capital controls.

Moves to keep money onshore after foreign exchange service fell to a five year low in January sparked concern

that Beijing is backtracking on promises to liberalize cross-border investment and internationalize its currency.

Canada's prime minister Justin Trudeau will be the third world leader to meet with Donald Trump on Monday.

He's hoping the U.S. president will make good on his pledge to renegotiate the North American Free Trade Agreement.

Canada bought 267 billion dollars of U.S. goods and services in 2016,

and some 9 million U.S. job depend on trade with the country.

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