Oil falls as coronavirus hits Chinese crude demand
Oil prices fell on Monday to their lowest in more than a year, dragged down by worries about lower demand in top crude importer China after a new coronavirus outbreak Continue Reading
Oil prices fell on Monday to their lowest in more than a year, dragged down by worries about lower demand in top crude importer China after a new coronavirus outbreak Continue Reading
The earnings season is here again with nearly a quarter of S&P 500 companies having returned their Q4 and full FY 2019 scorecards–and it doesn’t make for pretty reading, especially Continue Reading
World shares sank to their lowest in seven weeks on Monday, dragged down by a plunge in Asian stocks on their first trading day after a long break on fears Continue Reading
Oil prices fell on Friday and were on track for a fourth straight weekly loss on mounting worries about economic damage from the coronavirus that has spread from China to Continue Reading
Crude oil futures rebounded in mid-morning trade in Asia Friday, after settling down 2.5% overnight due to a heavy selloff, with the near-term outlook appearing similarly volatile amid developments in Continue Reading
The oil market is “troubled by both rising demand worries and rising fuel stocks,” said Ole Sloth Hansen, head of commodities strategy at Saxo Bank A/S in Copenhagen. “It’s going Continue Reading
The Dow Jones Industrial Average ended Friday down more than 600 points as a spreading viral outbreak fanned fears about global economic growth, igniting volatility across markets. Investors have quickly Continue Reading
Oil prices fell more than 2% on Thursday to the lowest in three months on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while Continue Reading
Global equity markets tumbled on Thursday as the death toll from China’s coronavirus outbreak hit 170, pummeling oil prices and inverting a closely watched bond as investors worried about the Continue Reading
After a brief reprieve earlier this week, oil prices tumbled again on Thursday, approaching a bear market, as fears spread that the coronavirus outbreak in China would depress oil demand, Continue Reading