Tag: oil prices
Bank Of England Presses Pause Button, Pound Dives And Initial Relief...
The Bank of England held rates at 5.25% - after successive hikes since December 2021.
It followed a sharp fall in core inflation...
Investors Welcome US Debt Progress, China’s Manufacturing Lift and Dr Martens...
- European indices lift in early trade as investors cheer debt deal progress through Congress.
- China’s manufacturing snapshot surprises on the upside, helping lift...
Red Wall Of Worry Builds Up Across Financial Markets Over Worries...
A red wall of worry has built up across financial markets with investors increasingly nervous that economies are set to career into recession. The...
How Brexit Has Affected Petrol Prices
How Brexit Has Affected Petrol Prices
Brexit has had a large and immediate effect on consumers in many ways, with prices fluctuating a lot during...
Russian Output Freeze Red Herring for Oil Market
Oil is once more on the retreat following revelations that the output freeze accord initiated by Saudi Arabia and Russia was just a ruse...
Natural Gas Depression Endures
In spite of projections of greater demand and growing popularity for energy generation, spot natural gas prices remain not far from low levels last...
Market Update Oil Prices Reach Lows, Dragging Stock Lower
The oil rout intensified on Thursday, with US crude prices plumbing 13-year lows as investors braced for a weak demand outlook in the wake...
Japan’s Nikkei Falls Into Bear Market Territory
Japanese stocks were back in bear market territory on Wednesday, as investors poured into the safety of the yen amid global economic instability.
The benchmark...
FTSE 100 Reaches 3-Year Low amid Global Growth Woes, Falling Oil...
European markets extended losses on Tuesday, with London’s FTSE 100 reaching its lowest level in over three years as concerns about global growth kept...
Oil Prices Slide on Supply Overhang, Dollar Strength
Oil prices were under renewed pressure on Monday, with US-traded crude falling below $30 a barrel on lingering concerns over a worsening supply glut...
Falling Oil Prices Hit Energy Shares
The price of oil backtracked further on Tuesday, triggering a slide in global energy shares in the wake of BP’s (LON: BP) shocking earnings...
Markets Under Pressure as Oil Prices Hit Fresh Lows
Asian and European markets were back on the defensive Wednesday, as oil prices wallowed at their lowest level since 2003, triggering a sharp selloff...
European Stocks Follow Wall Street Lower
European stocks plunged on Thursday after oil price volatility resulted in a sharp selloff on Wall Street the day before, a sign global economic...
Weekly Markets Update China Growth Fears Drags Oil Prices Lower for...
Ongoing concerns about China’s economic health pushed mainland stocks lower on Monday, while oil prices continued to plumb new lows amid heightened oversupply worries.
Oil...
China Volatility Sends Global Markets Crashing
Global stock prices collapsed on Thursday and oil prices fell to their lowest level in more than a decade after renewed volatility in China...
US Stocks Plunge, Oil Falls to 11-Year Low
US stocks plunged on Wednesday, while oil prices crashed to new 11-year lows as disappointing Chinese economic data unleashed waves of volatility in the...
US Dollar Surges amid China Growth Woes
The US dollar traded higher against a basket of currencies on Tuesday, climbing for a seventh consecutive day amid renewed fears about a protracted...
Oil Prices Decline as Concern Over Commodities Continues
Oil prices declined sharply on Wednesday after government data showed an unexpected rise in US commercial crude inventories, raising concerns about an worsening supply glut.
The...