Oil prices sink to lowest in over a year, biggest weekly drop since 2016
Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, causing futures to drop by the most in a week since 2016, as the spread of coronavirus stoked fears that a slowing global economy would hit energy demand......»»
Oil prices sink to lowest in more than a year
Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, set for their steepest weekly fall since 2016 as the global spread of the coronavirus stokes demand fears......»»
Oil prices fall, set for biggest weekly drop since 2008
Oil prices slumped on Friday to their lowest in more than a year, set for their steepest weekly fall since 2008 as the global spread of the coronavirus stokes demand fears......»»
Commodities Corner: Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle
After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if the global economy continues to recover and the pandemic moves closer to an end......»»
Oil ends lower after U.S. crude stockpiles jump, gasoline demand sinks
Oil prices fell on Wednesday after U.S. crude inventories rose last week by the most since 2016, while gasoline demand suffered its biggest weekly drop ever due to the coronavirus pandemic......»»
US oil output to fall next year for the first time since 2016
The world’s biggest oil producer will see a drop in output next year as a result of the dramatic collapse in prices that’s already forcing drillers to cut back on capital spending......»»
Oil prices on track for biggest weekly fall in 4 years
Oil prices slumped to their lowest levels in more than a year Friday and were headed for their steepest weekly fall in four years as the global spread of the coronavirus stokes demand fears......»»
Oil prices on track for biggest weekly fall in 4 years
Oil prices slumped to their lowest levels in more than a year Friday and were headed for their steepest weekly fall in four years as the global spread of the coronavirus stokes demand fears......»»
Oil prices on track for biggest weekly fall in four years
Oil prices slumped to their lowest in more than a year on Friday and were set for their steepest weekly fall in more than four years as the spread of the coronavirus stokes fears of slowing global demand......»»
Oil prices on track for biggest weekly decline in over four years
Oil prices plunged to their lowest in more than a year on Friday, putting them on track for the biggest weekly decline in more than four years, as the rapid spread of the coronavirus stoked fears of slowing global demand......»»
Cobalt, Africa setbacks shrink Glencore"s first-half profit
Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016, and said it would suspend output at the world's biggest cobalt mine because of a steep fall in prices......»»
Futures Movers: Oil logs 9% weekly rise — biggest since late 2016; refinery fire jolts gasoline futures
Oil futures gain on Friday, with U.S. prices tallying a rise of almost 9% for the week and highest settlement this month, while gasoline futures rally in the wake of a fire at a 150-year-old refinery complex in Philadelphia......»»
Oil rises more than 1% but sets biggest weekly loss of 2019
Oil prices climbed more than 1% on Friday ahead of long U.S. and UK holiday weekends, but posted the biggest weekly drop of the year, pressured by rising inventories and worries about the global economy......»»
Oil edges higher but set for biggest weekly loss of 2019
Oil prices climbed 1 percent on Friday ahead of long U.S. and UK holiday weekends, but were on track for their biggest weekly drop of the year, pressured by rising inventories and worries about the global economy......»»
Oil steady but set for 2019"s biggest weekly loss
Oil prices were steady on Friday ahead of long U.S. and UK holiday weekends, but were on track for its biggest weekly drop of the year, pressured by rising inventories and concern over an economic slowdown......»»
Oil prices extend rally after EIA reports biggest weekly drop in U.S. crude supplies year to date
The U.S. Energy Information Administration reported Wednesday that crude supplies declined by 9.9 million barrels for the week ended June 22-the largest weekly decline so f.....»»
Futures Movers: U.S. oil prices rally to highest level since 2014 as crude supplies notch biggest weekly drop of the year
Oil prices rally Wedn.....»»
Futures Movers: Oil settles at lowest in over a year, with U.S. prices sliding toward $50
Oil futures drop Wednesday to settle at their lowest in more than a year, sending U.S. prices sliding toward $50 a barrel, on the back of a 10th straight weekly rise in U.S. crude stockpiles......»»
Metals Stocks: Gold prices inch higher, poised to register first weekly gain in 3 weeks
Gold futures inch higher Friday, with prices looking to register their first weekly gain in three weeks, after a reading on U.S. consumer sentiment revealed a drop to its lowest in six months......»»
Metals Stocks: Gold prices drop, look to mark first finish this year below $1,900
Gold futures on Friday fall sharply, looking to log their first finish below $1,900 an ounce this year as yields for U.S. government bond extended a weekly climb, eroding some appetite for bullion which competes against haven sovereign debt for buyers......»»
Toyota expects profit to drop 80% this year as virus saps car sales
Toyota Motor Corp on Tuesday said it expects profit to drop 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles......»»