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Crude Oil (27)

European stocks hit by rising coronavirus cases - Reuters
Submitted 13 day(s) ago by system

A recovery in world stocks faltered on Monday as the threat of rising coronavirus infections in parts of Europe and the United States curbed risk appetite, boosting demand for safe-haven gold.

Asian shares reverse early gains, eyes on China-U.S. trade relations - Reuters
Submitted 42 day(s) ago by system

A gauge of Asian stocks pared early gains on Monday amid souring relations between China and the United States, with Hong Kong shares extending losses on mounting fears about future stability in the city.

Dollar up, Asian stocks slip as U.S. pins blame for virus on China - Reuters
Submitted 62 day(s) ago by system

The dollar inched higher, stock markets struggled for traction and oil dropped on Monday as a U.S.-China spat over the origin of the coronavirus put the brakes on optimism about an economic re-start as countries around the world ease restrictions.

Oil prices rise as U.S. inventories build smaller than feared - Reuters
Submitted 67 day(s) ago by system

Oil prices gained on Wednesday after U.S. stockpiles rose less than expected and gasoline stocks fell and buoyed by hopes demand will improve as some European countries and U.S. cities moved to ease coronavirus lockdowns.

Oil Prices Soar as Traders Prepare for Wild Ride to Continue - WSJ
Submitted 73 day(s) ago by system

West Texas Intermediate futures rose 20%, extending a period of huge volatility that has ricocheted through the energy industry and broader financial markets.

Brent oil attempts rebound in volatile trade after prices touch 21-year low - MarketWatch
Submitted 74 day(s) ago by system

Oil futures trade mixed Wednesday, with the energy complex attempting to stabilize itself amid persistent pressure centered on a glut of crude and a dearth...

Oil prices surge nearly 10% after Trump says Russia-Saudi feud can be resolved - MarketWatch
Submitted 94 day(s) ago by system

Crude prices are climbing after comments from President Donald Trump over a damaging price war between Russia and Saudi Arabia.

Boundless Fed QE fuels 2% equity bounce, calms dollar - Reuters
Submitted 103 day(s) ago by system

Global equities rebounded almost 2% on Tuesday, off near four-year lows, and the dollar slipped as investors pinned hopes on unprecedented stimulus steps by the U.S Federal Reserve and other policymakers to ease strains in financial markets.

Stimulus hopes pull stocks back from abyss - Reuters
Submitted 114 day(s) ago by system

Stocks plunged on Friday with coronavirus panic selling hitting nearly every asset class, before finding some kind of floor as hopes turned to a U.S. stimulus package.

Why April will be a ‘very cruel month for oil prices’ - MarketWatch
Submitted 116 day(s) ago by system

A spate of news hit the oil markets on Wednesday—from downgraded estimates on U.S. crude production and global demand, to plans by Saudi Arabia and the...

Saudi Plans to Boost Oil Output Even Further Push Crude Price Lower - WSJ
Submitted 116 day(s) ago by system

Saudi Arabia fired another salvo in its oil-market war with Russia on Wednesday, unveiling plans to boost its oil-production capacity to a record 13 million barrels a day. The price of crude oil fell more than 3% after the announcement.

OPEC Presents Russia With Production Cut Ultimatum |
Submitted 122 day(s) ago by system

OPEC has proposed making substantial production cuts in order to halt an oil price slide, an announcement that has heaped pressure on Russia

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