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Brent logs worst weekly loss in a year as China virus fears swell

Crude prices sank more than 2% on Friday and Brent logged its biggest weekly decline in more than a year as concerns that a coronavirus will spread farther in China, the world's second-largest oil consumer, curbing travel and oil demand......»»

Category: topSource: reutersJan 24th, 2020

Oil drops more than 2%, approaches weekly loss on China virus fears

Crude prices fell more than 2% on Friday and headed for a steep weekly decline over concerns that the coronavirus will spread farther in China, the world's second-largest oil consumer, curbing travel and oil demand......»»

Category: topSource: reutersJan 24th, 2020

Oil drops more than 2%, heads for weekly loss on China virus fears

Crude prices fell more than 2% on Friday, heading toward $60 a barrel and a steep weekly decline over concerns that the coronavirus in the world's second-largest oil consumer China will spread farther, curbing travel and oil demand......»»

Category: topSource: reutersJan 24th, 2020

Oil suffers its worst week of the year as trade fears linger

Oil limped to its worst weekly loss of the year as tensions lingered over how the trade feud between the world’s top economic super powers will hit demand......»»

Category: topSource: moneycentralMay 24th, 2019

Oil suffers its worst week of the year as trade fears linger

Oil limped to its worst weekly loss of the year as tensions lingered over how the trade feud between the world’s top economic super powers will hit demand......»»

Category: topSource: moneycentralMay 24th, 2019

The OECD warns the world economy will collapse by 4.5% this year, in its worst slowdown since World War Two

China, the US, and Europe are expected to perform better than expected, while many countries are still combating the virus. SOPA Images/Getty The world eco.....»»

Category: dealsSource: nytSep 16th, 2020

Oil prices see weekly loss on virus resurgence fears

Oil was little changed on Friday and logged a first weekly decline since April as new U.S. coronavirus cases spiked, stoking fears of a second wave of the virus hitting fuel demand......»»

Category: topSource: reutersJun 12th, 2020

Oil on track for weekly loss on virus resurgence fears

Oil was little changed on Friday and headed for a first weekly fall since April as new U.S. coronavirus cases spiked, stoking fears of a second wave of the virus hitting fuel demand......»»

Category: topSource: reutersJun 12th, 2020

Brent crude set for worst week since 1991 as oil falls a third day

Oil fell a third day as the horror show for crude investors continued on Friday amid panic about evaporating demand from the coronavirus pandemic, with Brent set for its biggest weekly loss since 1991 and U.S. crude heading for its worst week since 2008......»»

Category: topSource: reutersMar 13th, 2020

Dow Jones Industrial Average slides 357 points on coronavirus fears to cap worst week since 2008

The Dow plunged further Friday, deepening this week's rout on fears that China's fast-spreading deadly virus threa.....»»

Category: topSource: usatodayFeb 28th, 2020

Oil prices slide for fifth day to lowest in a year as virus fears grow

Oil prices plunged more than 4% on Thursday, down for a fifth day to their lowest since January 2019 as more new coronavirus cases outside China fed fears of a pandemic that could slow the global economy and dent demand for crude......»»

Category: topSource: reutersFeb 27th, 2020

Wall Street gains ground after virus-driven selloff

Wall Street's main indexes rose about 1% on Wednesday after suffering their worst four-day percentage fall in more than a year on fears of the economic damage from the global spread of the coronavirus......»»

Category: topSource: reutersFeb 26th, 2020

Early gains fade for European shares as virus fears weigh

European shares edged lower on Tuesday after recording their worst losses since June 2016 in the previous session, with trading still dominated by concern that the coronavirus outbreak is spreading fast outside China. Ciara Lee reports.....»»

Category: videoSource: reutersFeb 25th, 2020

Dow closes down 1,000 points, wiping out year"s gains

Stocks ended sharply lower Monday as the number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown from the virus spreading......»»

Category: topSource: moneycentralFeb 24th, 2020

Dow closes down 1,000 points, wiping out year"s gains

Stocks ended sharply lower Monday as the number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown from the virus spreading......»»

Category: topSource: moneycentralFeb 24th, 2020

Dow plunges 1,000 points, giving up gains for the year

Stocks fell sharply Monday, with the Dow Jones Industrial Average plunging more than 1,000 points. The number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown from the virus spreading......»»

Category: topSource: moneycentralFeb 24th, 2020

Stocks end lower, post weekly loss, as coronavirus spread fans fears of global slowdown

Stocks ended broadly lower Friday, leaving major indexes with weekly losses. Analysts tied weakness to worries about the spread of COVID-19 outside China and the potential impact on global economic growth and supply chains. The Dow Jones Industria.....»»

Category: topSource: marketwatchFeb 21st, 2020

Wall St. hits record highs as virus fears ease

Wall Street set record-closing highs for the Dow, Nasdaq and S&P 500 as investors cheered signs that the worst of China's coronavirus scare could be behind us. Conway G. Gittens has the market action......»»

Category: videoSource: reutersFeb 12th, 2020

Commodities Corner: Copper prices may still have more to lose, even after touching a nearly 3-year low

An economic slowdown in China following the spread of the new coronavirus, and the potential loss of demand for copper, pulled prices for the industrial metal to its lowest in almost three years. Some analysts say the worst may be yet to come......»»

Category: topSource: marketwatchFeb 7th, 2020

China"s Zhejiang to prioritize restarts at key exporters, manufacturers after virus lockdown

China's eastern province of Zhejiang, the second worst-hit by the coronavirus epidemic, will push major exporters, listed companies and key manufacturers to be the first to return to work after the extended Lunar New Year holiday......»»

Category: topSource: reutersFeb 5th, 2020

Oil prices rebound from China virus slump amid gingerly recovery across markets

Oil prices rose on Tuesday, matching moves in other financial markets as investors regained calm after Monday's sharp sell-off on fears of the impact of the China coronavirus on demand for fuel sent crude to its lowest level in more than a year......»»

Category: topSource: reutersFeb 4th, 2020