Venezuela is set on Wednesday to sign a debt restructuring deal with Russia, one of its main creditors and a strategic ally during a crisis that has seen Caracas declared in partial default.

Oil prices tumbled more than one percent on Wednesday in ASia, extending the previous day's sharp falls after the International Energy Agency warned of weakening demand.

Airbus is due to announce the sale of 430 of its medium-range A320 family of aircraft to US investment firm Indigo Partners in a deal worth more than $40 billion, a source said Wednesday.

Global equity markets faltered Tuesday, slipping into the red after a weaker opening on Wall Street, as investors awaited key speeches from powerful central bank chiefs.

After long years of punishingly low oil prices, there is "increasing evidence" that the oil market is moving closer to reaching a healthy balance between supply and demand, OPEC said on Monday.

Iraq aims to double the output of oilfields in the northern province of Kirkuk retaken from the Kurds to one million barrels per day (bpd), Oil Minister Jabbar al-Luaybi said Monday.

The Abu Dhabi National Oil Company is to float a minority stake in one of its subsidiary companies for the first time, ADNOC chairman Sultan Al-Jaber said on Monday.

The pound sank against its major peers on Monday as British Prime Minister Theresa May's future looks increasingly uncertain, while Asian equities traders moved cautiously after a recent rally to multi-year highs.

Markets have surged in recent weeks -- with Wall Street hitting several records and Tokyo touching 26-year highs -- on optimism about the global economy and following a string of strong corporate earnings.

Emirates Airlines on Sunday agreed to purchase 40 Boeing 787-10 Dreamliners for $15.1 billion at list price, its chief Sheikh Ahmed bin Saeed Al-Maktoum said.

Spanish Prime Minister Mariano Rajoy on Sunday urged businesses not to abandon Catalonia after hundreds of firms moved their legal headquarters away as uncertainty over the region's independence drive drags on.