Oil prices drop almost 1 percent on concerns recession may be looming

United States Oil (USO) prices dropped by almost 1 percent Oil prices dropped by almost 1 percent on Monday, with concerns recession could be looming outweighing supply disruptions from OPEC’s pro.....»»

U.S. stocks, bond yields and oil prices tumbled Monday, extending a global rout as fears intensified.....»»

U.S. stocks, bond yields and oil prices tumbled Monday, extending a global rout as fears intensified.....»»

U.S. stocks, bond yields and oil prices tumbled Monday, extending a global rout as fears intensified.....»»

U.S. stock futures, bond yields and oil prices tumbled Monday, extending a global rout as fears intensified about .....»»

Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns......»»

Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns......»»

Oil prices fell more than 1% on Thursday, extending the previous session's 3% drop, pressured by mounting recession concerns and a surprise boost in U.S. crude inventories......»»

U.S. crude oil production has soared by almost 25 percent this year, to a record 11.7 million barrels per day (bpd)......»»

Wall Street fell 1.5 percent on Friday with a drop in technology stocks sparking a turnaround from earlier in the day, as renewed concerns of the China-U.S. trade situation offset the effect of a jump in oil prices and a tepid U.S. jobs report......»»

Wall Street fell more than 1 percent on Friday, with a drop in technology stocks sparking a turnaround from earlier in the day, as renewed concerns of the China-U.S. trade situation offset the effect of a jump in oil prices and a tepid U.S. jobs report......»»

Oil fell 1 percent on Thursday after soaring 8 percent 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......»»

Both crude benchmarks are down roughly 40 percent from highs touched in October......»»

Oil prices rose about 2 percent on the final day of the year on Monday, mirroring gains in stock markets, but were on track for the first annual decline in three years amid lingering concerns of a persistent supply glut......»»

Oil prices rose more than 2 percent on the final day of the year, mirroring gains in stock markets, but were on track for their first annual decline in three years as concerns of a persistent supply glut lingered......»»

Oil prices fell by 1 to 2 percent on Thursday amid volatile currency and stock markets, and on concerns that an economic slowdown in 2019 will cut into fuel demand just as crude supplies are surging......»»

U.S. Treasury yields fall Monday in line with European bond markets after data in Germany pointed to deterioration in the eurozone economy, hinting at the possibility of a double-dip recession......»»

U.S. consumer prices plunged in April by the most since the Great Recession. As Fred Katayama reports, a drop in demand for gasoline and services as Americans stayed home during the coronavirus crisis dragged down the index......»»

U.S. consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand for gasoline and services including airline travel as people stayed home during the coronavirus crisis......»»

The coronavirus crisis will undercut growth in the global semiconductor business in 2020, with the looming threat of global recession prompting Omdia to slash its market forecast despite soaring demand for chips from the medical sector......»»