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Dollar scales 11-month peak, oil slides ahead of OPEC
LONDON (Reuters) - Simmering trade and political tensions weighed on European and world shares on Thursday, while oil prices were under pressure ahead of an OPEC meeting that could boost the global supply of crude......»»
Oil dips on swelling U.S. stocks, but expected OPEC supply cut stems losses
Oil prices dipped on Thursday after U.S. crude inventories increased to their highest level since December 2017 amid concerns of an emerging global glut, although an expected supply cut by producer cartel OPEC prevented further drops......»»
Darkening economic outlook threatens to cap oil price in 2019: Reuters poll
Oil analysts have grown more pessimistic over the prospects for a significant price rally this year, as booming U.S. shale output and a deteriorating global economic backdrop threaten to offset the boost from OPEC's crude supply cuts......»»
Futures Movers: Oil prices get a lift from China data as OPEC report suggests an uptick in demand
Crude-oil futures trade higher on Tuesday after a report on Chinese international trade provided further evidence that an economic rebound was taking hold in one of the biggest importers of crude and global commodities......»»
Airline stocks climb on economic recovery optimism as Senate approves landmark stimulus package
Airlines were among the hardest hit when large swaths of the global economy shut down at the start of the pandemic. LINDSEY WASSON/Reuters Shares of airline companies rose on Monday amid surging optimism around the ongoing economic.....»»
Asian stocks set to sink after historic U.S. oil rout
Asia shares were poised to track a Wall Street tumble on Tuesday after U.S. crude futures turned negative for the first time in history, crushed by a spectacular collapse in oil demand as the coronavirus pandemic derails the global economy......»»
Crude mixed on output deal, recession fears; shares slip
Stocks on Wall Street slid on Monday over concerns of what the coronavirus pandemic will do to corporate earnings while crude prices were mixed as a global deal on record output cuts failed to quell doubts the pact would head off an oil glut......»»
Crude gains on output deal, shares slip on recession fears
Stocks on Wall Street slid while crude prices edged higher on Monday as a global deal on record output cuts failed to quell concerns on whether the pact is enough to head off an oil glut as the coronavirus pandemic hammers economies worldwide......»»
Global stocks gain on hopes pandemic is nearing peak
Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out more stimulus to support their economies, while expectations of a deal to cut oil production bolstered crude prices......»»
Global stocks gain on hopes pandemic is reaching peak
Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out more stimulus to support their economies, while expectations of a deal to cut oil production bolstered crude prices. Ciara Lee reports.....»»
Global stocks gain on hopes pandemic is reaching peak
Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out more stimulus to support their economies, while expectations of a deal to cut oil production bolstered crude prices......»»
Oil plummets 26% to 18-year low as global price war escalates
Reuters Oil fell to an 18-year low on Wednesday as the global price war between OPEC and its former allies continued. West Texas Intermediate crude fell a.....»»
Even a trillion dollar promise can"t lift global stocks
European and Asian shares slid again Wednesday, even after Donald Trump said he planned a $1 trillion package of aid for the U.S. economy. Julian Satterthwaite reports......»»
OPEC oil cuts deal falls apart as Russia resists, crude prices plunge
OPEC's plans for deep and prolonged oil cuts were derailed on Friday as non-OPEC Russia refused to support the move arguing that it was too early to predict the impact of a coronavirus outbreak on global energy demand, sources told Reuters......»»
Oil slides as demand worries overshadow OPEC deal to deepen supply cuts
Oil prices fell on Thursday as the coronavirus epidemic showed no signs of slowing, feeding worries about the global economy and prompting investors to sell more risky assets like stocks and crude oil and park money in safe havens......»»
OPEC Forecasts Higher Demand for Crude as Global Economy Improves
The easing of trade tensions between the United States and China is expected to lift global economic growth in 2020. OPEC expects demand for oil to put a strain on supplies, raising prices for the........»»
Global stocks scale records, oil dips as investors hail easing of Mideast tensions
Crude oil prices slid and equity markets around the world set new highs on Thursday as investors took on greater risk in a relief rally after the United States and Iran moved to defuse escalating tensions in the Middle East......»»
Stocks glimpse a brighter future as global clouds lift
Asian shares scaled eight-month peaks on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain's Conservative Party looked to have cleared a couple of dark clouds from the global horizon......»»
Oil rises before OPEC+ meet, lifted by drop in U.S. crude stocks
Oil prices rose on Wednesday ahead of a meeting of OPEC and its allies to discuss whether to extend production curbs to support the market, while industry data showing that U.S. crude stockpiles fell more than expected helped to lift prices......»»
Oil dips as U.S. stocks rise; prospect of OPEC action supports
Oil prices declined on Wednesday, holding below $60 a barrel on data showing a bigger-than-expected rise in U.S. crude stocks, but the prospect of deeper output cuts by OPEC and its allies offered support......»»