Search Results for: WTI
China is killing the dollar
September 23rd, 2020
In the wake of the Fed’s promise of 23 March to print money without limit in order to rescue the covid-stricken US economy, China changed its policy of importing industrial materials to a more aggressive stance. In examining ...
European stocks look headed for positive start
September 14th, 2020
Higher European and U.S. futures following news about resumption of final stage clinical trial of coronavirus vaccine by AstraZeneca point to a firm start for European stocks Monday morning. Oxford University announced on Saturday that it is resuming a ...
Oil prices boosted by Saudi Arabia pledge to deepen output cut
May 12th, 2020
Oil futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June in a bid to help drain the glut in the global market that has built up as the coronavirus pandemic ...
What is a negative crude oil price and does it mean anything for consumers?
April 23rd, 2020
The price of a barrel of benchmark US oil plunged below zero dollars a barrel on Monday (April 20) for the first time in history, a troubling sign of an unprecedented global energy glut as the coronavirus pandemic halts ...
European stocks traded lower on Friday; Oil prices spiked
January 3rd, 2020
European stocks traded lower on Friday as geopolitical tensions spiked after U.S. airstrikes in Iraq killed a top Iranian military commander. The pan-European Stoxx 600 slid 0.5% in early trade, travel and leisure stocks falling 1.4% to lead losses ...
Investors Update: Global stocks faced headwinds; Pound flirted with 2 1/2-year lows
September 3rd, 2019
Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to block lawmakers’ efforts to avert a no-deal ...
What to watch in European stocks this morning
January 2nd, 2019
New Year, Same as the Old Year Stocks in Asia sank, oil erased gains and jitters gripped markets about slowing growth in China. It would appear 2019 is starting off with much the same tone as last year finished ...
Oil prices fall after 8% jump the day before
December 27th, 2018
Oil fell on Thursday after soaring 8% in the previous session, as worries over a glut in crude supply and concerns over a faltering global economy pressured prices even as a stock market surge offered support. Brent crude oil ...
Telecoms drag European stocks lower
December 21st, 2018
European stocks were lower Friday morning, with the prospect of further hikes in U.S. borrowing costs prompting investors to rush out of crowded trades. The pan-European Stoxx 600 was down around 0.3 percent during early morning deals, with most ...
Some forecasters remain positive on oil prices and demand going into 2019
December 12th, 2018
Despite dramatic slides in the oil market, some forecasters remain positive on prices and demand going into 2019. A year ahead outlook report from Bank of America Merrill Lynch expects Brent crude to regain its recent losses in 2019 ...
