![Oil prices down five percent in January as rising U.S. output offsets OPEC-led cuts Oil prices down five percent in January as rising U.S. output offsets OPEC-led cuts](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-02/41455617412_OilGasIndustry.jpg)
Oil prices down five percent in January as rising U.S. output offsets OPEC-led cuts
Brent crude futures, the international benchmark for oil prices, were trading at $55.25 per barrel at 0112 GMT, virtually unchanged from their last close.
Tue Jan 31 2017
![Under smog alert, Beijing orders factories to shut or cut output Under smog alert, Beijing orders factories to shut or cut output](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-12/81481961360_Beijing.jpg)
Under smog alert, Beijing orders factories to shut or cut output
China's environmental watchdog issued a five-day warning about choking smog spreading across the north and ordered factories to shut, recommended residents stay indoors and curbed traffic.
Sat Dec 17 2016