Tag: wti crude

Oil is once more on the retreat following revelations that the output freeze accord initiated by Saudi Arabia and Russia was just a ruse...

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...

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...

Chinese stocks took a beating on Tuesday, with the Shanghai Composite plunging to its lowest level in 14 months after a late selling frenzy...

Asian and European markets were back on the defensive Wednesday, as oil prices wallowed at their lowest level since 2003, triggering a sharp selloff...

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...

Global stock prices collapsed on Thursday and oil prices fell to their lowest level in more than a decade after renewed volatility in China...

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...

Oil prices declined sharply on Monday, pulling back from last week’s rally as OPEC kingpin Saudi Arabia delivered its largest budget deficit in history. Collapsing...

US stocks ended mixed on Thursday, but still posted their strongest weekly gain since November amid a 9% rally in oil prices. The Dow Jones...

Oil prices turned higher on Wednesday after government data showed a bigger than expected drawdown in US crude inventories, easing concerns about an escalating...

The price of oil continued to decline on Monday, with global benchmark Brent crude reaching levels not seen since 2004 amid growing concerns about...

The rout in oil prices continued on Friday in belated response to additional buildup in US crude inventories, fueling concerns about a worsening global...

US stocks rallied for a third consecutive day on Wednesday, as investors turned their attention to the final day of Federal Reserve meetings ahead...

European stocks rose on Tuesday following five consecutive daily losses, as oil prices eased off recent lows ahead of the Federal Reserve’s policy meeting...

European stocks resumed their decline on Monday, as energy producers fell for the eighth time in ten sessions amid plunging oil prices. Europe’s major averages...

The rout in European stocks continued on Friday after a warning by the International Energy Agency (IEA) about a worsening supply glut pushed oil...

The US dollar rebounded against a basket of currencies on Thursday, but remained under pressure amid growing selling interest, suggesting that investors are becoming...