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Oil spikes 9% as market rebound puts negative prices in rear view
Reuters West Texas Intermediate crude oil tore higher for a second straight sessi.....»»
US stocks climb as traders weigh unemployment filings and an oil-market rebound
Reuters / Lucas Jackson US stocks climbed on Thursday as investors mulled economic data and rebounding oil prices. Jobless claims hit 4.4 million in the week ended April 18, declining from previous periods but pushing the metric's five-week total abo.....»»
Futures Movers: Oil prices rebound from 21-year low; gasoline futures rally on smaller U.S. stock climb
Oil ends sharply higher on Wednesday as a rise in U.S.-Iran tensions and declines in U.S. crude output prompt a rebound from a 21-year low, and as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»
Futures Movers: Oil prices rebound from 21-year low; U.S. gasoline stocks fall less than expected
Oil trades sharply higher on Wednesday, rebounding from a drop to a 21-year low, as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»
Oil Analyst Expects Rise In Demand Later In 2020, Says V-Shaped Recovery "Less Certain"
Oil prices are expected to make a sharp V-shaped rebound in the second half of 2020, but the sentiment is muted but for now as the COVID-19 pandemic continues to spread, according to one analyst. read more.....»»
Oil skids as oversupply fears pile up with U.S. inventories growth
Global crude oil prices slid further on Wednesday, following their biggest-ever quarterly and monthly losses, as a bigger-than-expected rise in U.S. inventories and a widening rift within OPEC heightened oversupply fears......»»
Oil prices mixed, U.S. inventory build-up heightens oversupply concerns
Crude oil benchmarks opened the month mixed on Wednesday, following their biggest-ever quarterly and monthly losses, overshadowed by fears of global oversupply as data showed a bigger-than-expected rise in inventories in the United States......»»
WTI Maintains Gains Despite Much Bigger Than Expected Crude Build
WTI Maintains Gains Despite Much Bigger Than Expected Crude Build Oil prices screamed higher (partly in response to investors' rising skepti.....»»
OPEC raises stakes with Russia, seeks biggest oil cut since 2008 crisis
OPEC pushed on Thursday for a bigger-than-expected oil output cut to support prices that have been hit by the coronavirus outbreak, effectively presenting its non-OPEC partners with an ultimatum to back the move or face a price collapse......»»
Oil bounces from multi-year lows as hopes of OPEC+ cut, stimulus offset virus impact
Oil prices pared losses after earlier hitting multi-year lows on Monday as hopes that a bigger than expected production cut from OPEC and stimulus from central banks could offset economic gloom from the coronavirus outbreak......»»
OPEC leaning towards larger oil cuts as virus hits prices, demand: sources
Several key OPEC members are leaning towards a bigger than previously expected oil output cut, four sources with knowledge of the talks said, as oil prices fell to $50 per barrel on fears the coronavirus outbreak will hit oil demand badly......»»
Oil prices rise on U.S. gasoline stock draw, smaller-than-expected gain in crude inventories
Oil prices rose further on Thursday after a U.S. report showed a draw in gasoline inventories and a much smaller-than-anticipated rise in crude stocks......»»
Dunkin" boosted by Beyond Meat breakfast sandwich
Dunkin'Â Brands reported a bigger than expected fourth-quarter profit, lifted by higher prices and a shift in consumer preferences......»»
WTI Holds Losses Below $50 After Bigger-Than-Expected Crude Build
WTI Holds Losses Below $50 After Bigger-Than-Expected Crude Build Oil prices plunged to one-year lows, with WTI back below $50 for the first time since Jan 2019 as global demand concerns trumped OPEC+ jawboning .....»»
Oil falls on spread of Wuhan virus, U.S. oil-stocks build
Oil prices fell on Thursday as alarm spread over the economic impact of the Wuhan virus in China, while a bigger-than-expected increase in U.S. crude stocks added to the negative tone......»»
Futures Movers: Oil prices fall as EIA reports the biggest weekly U.S. crude-supply climb since November
Oil futures decline on Wednesday as U.S. government data reveal that domestic crude inventories posted a bigger-than-expected weekly climb—their largest since November......»»
Dow Jones Newswires: Swedish steelmaker SSAB swings to bigger-than-expected loss
Swedish steelmaker SSAB AB said Tuesday that it swung to a fourth-quarter net loss as a weaker market saw stock adjustments in Europe, while strikes in Finland and lower prices in its Americas operation all weighed on the result......»»
Goldman profits slump on 1MDB legal woes
Goldman Sachs Group Inc reported a bigger-than-expected fall in quarterly profit on Wednesday as the Wall Street bank set aside more money to cover legal costs for the 1MDB corruption scandal, overshadowing a rebound in its trading business......»»
Highlights of the day: NAND flash prices to surge after Kioxia fab fire
Recovery in the memory market has been expected to send prices rising, but the extent of increase in the NAND flash segment may be bigger than expected in the short term after a brief fire that broke out at .....»»
Oil steady on trade pact optimism, stock draw; eyes on MidEast
Oil prices hovered around three-month highs on Monday following a higher-than-expected crude inventory drawdown and optimism over an expected U.S-China trade deal, while traders kept a close eye on Middle East unrest......»»