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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......»»

Category: topSource: reutersJun 21st, 2018

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......»»

Category: topSource: reutersNov 21st, 2018

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......»»

Category: topSource: reutersFeb 28th, 2019

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......»»

Category: topSource: marketwatchApr 13th, 2021

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.....»»

Category: topSource: businessinsiderMar 8th, 2021

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......»»

Category: topSource: reutersApr 20th, 2020

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......»»

Category: topSource: reutersApr 13th, 2020

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......»»

Category: topSource: reutersApr 13th, 2020

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......»»

Category: topSource: reutersApr 9th, 2020

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.....»»

Category: videoSource: reutersApr 9th, 2020

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......»»

Category: topSource: reutersApr 9th, 2020

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.....»»

Category: topSource: businessinsiderMar 18th, 2020

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......»»

Category: videoSource: reutersMar 18th, 2020

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......»»

Category: topSource: reutersMar 6th, 2020

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......»»

Category: topSource: reutersMar 5th, 2020

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........»»

Category: blogSource: 247wallstJan 15th, 2020

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......»»

Category: topSource: reutersJan 9th, 2020

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......»»

Category: topSource: reutersDec 12th, 2019

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......»»

Category: topSource: reutersDec 3rd, 2019

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......»»

Category: topSource: reutersOct 23rd, 2019