Next Domino To Fall: Inventory Glut Plagues US Auto Sector, New Prices Plunge In July

Oil prices found some respite on Wednesday as U.S. oil futures rose more than 20% and Brent prices steadied after a two-day price plunge, as markets struggle with a massive crude glut amid the coronavirus outbreak......»»

Brent oil futures prices plunged again on Tuesday as oil market panic extended into a second day with no end in sight to a swelling global crude glut as the coronavirus pandemic has obliterated demand for fuel......»»

U.S. stocks slide, putting major benchmarks on pace for a second day of losses, after a historic fall in oil prices, amid another batch of corporate earnings and potential further aid for businesses hit by the coronavirus pandemic......»»

U.S. stock-index futures early Tuesday point to a second day of losses for the major benchmarks after a historic fall for oil, as investors brace for a fresh slate of earnings and weigh the impact of overnight developments......»»

U.S. stock-index futures declined in lightly traded action Monday evening, coming off a slump for stocks in the regular session, on the back of a historic crash in crude prices and expectations for the weakest year-over-year earning.....»»

U.S. stock futures traded lower early Monday morning as investors weighed the latest coronavirus news along with a sharp decline in U.S. crude prices......»»

U.S. stock futures traded lower early Monday morning as investors weighed the latest coronavirus news along with a sharp decline in U.S. crude prices......»»

The big question is what prices will look like when the market starts to recover — either in summer or fall......»»

Whiting Petroleum Corp said on Wednesday it filed for Chapter 11 bankruptcy, the first major casualty of a free fall in crude prices to $20 per barrel last month......»»

Oil futures trade lower Friday,with a huge drop in demand as result of the global COVID-19 pandemic setting prices up for their fifth weekly loss in a row......»»

Oil prices crashed on Monday, suffering their biggest daily rout since the 1991 Gulf War, after the collapse of an OPEC+ supply agreement that now threatens to overwhelm the world with oil, inciting panic throughout the energy sector......»»

U.S. stock futures and crude oil prices were down sharply Monday, as fears of a global oil-price war combined with coronavirus fears to rattle traders......»»

U.S. stock futures and crude oil prices were down sharply Monday, as fears of a global oil-price war combined with coronavirus fears to rattle traders......»»

The sudden plunge in oil prices to near $30 a barrel takes the market back to early 2016 when rising U.S. shale exports caused a global glut......»»

U.S stock futures and crude oil prices plunged immediately after the start of electronic trading late Sunday, as fears of a global oil-price war combined with coronavirus fears to rattle traders......»»

U.S stock futures and crude oil prices plunged immediately after the start of electronic trading late Sunday, as fears of a global oil-price war combined with coronavirus fears to rattle traders......»»

U.S stock futures and crude oil prices plunged immediately after the start of electronic trading late Sunday, as fears of a global oil-price war combined with coronavirus fears to rattle traders......»»

The energy is suffering another broad selloff, to lead the S&P 500's 11 key sectors in declines, as crude oil prices fall for a third-straight day amid wo.....»»

Coronavirus "Likely To Wreak Havoc" And Decimate February China Auto Sales Just days ago, we reported about a major inventory glut in the Chinese auto market due to the effects of the coronavirus on an industry that has already been mi.....»»

A glut of new U.S. speculative-grade bonds issued by energy companies in January are seeing prices fall as China battles to contain the deadly coronavirus......»»