Despite's Trump's reiteration, Giovanni Staunovo, analyst at UBS, said, "There is no indication of accelerating U.S. drilling activity," and he added that he was surprised by the market reaction.

Oil prices eased on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, unnerving ...

ZURICH, Feb 6 (Reuters) - UBS would be seriously weakened and forced to consider its strategy if Swiss rules required it to hold 25 billion Swiss francs ($27.69 billion) more in additional capital, ...