Tag: oil prices

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...

Oil Retreats as Saudi Arabia Delivers Largest Budget Deficit in History

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...

Global Markets Little Changed in Holiday-Shortened Session

European stocks ended flat on Thursday, while US markets traded choppy in a holiday-shortened session before Christmas. The pan-European STOXX 600 Index was little changed...

Oil Prices Stabilize following Bigger than Expected US Drawdown

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