Oil rises for third day after surprise drop in U.S. inventories

Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world's biggest crude producer would fall by a record amount in April, adding to cuts from other major producers......»»

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Oil prices fell on Wednesday after U.S. crude inventories rose last week by the most since 2016, while gasoline demand suffered its biggest weekly drop ever due to the coronavirus pandemic......»»

U.S. oil inventories ballooned as the COVID-19 pandemic caused a sharp drop in gasoline and jet fuel demand......»»

Oil prices rose more than 1% on Thursday, recouping losses from the previous day on a smaller-than-expected rise in crude oil inventories in the United States, although the gains were capped by uncertainties over cuts by major oil producers......»»

Asian shares were poised to drop on Wednesday and bonds soared, after an emergency rate cut from the U.S. Federal Reserve was unable to quell investor fears over the coronavirus's widening fallout......»»

SeaWorld Entertainment Inc. reported Wednesday a surprise wider fourth-quarter loss, which included a legal settlement charge, while revenue and admission per capita rose more than expected. The theme park operator's stock was stil.....»»

Oil prices rose on Thursday, extending gains from its previous session, as the market shifted focus to supply disruptions, while demand concerns eased some after a sharp drop in new coronavirus cases at the epicenter of the outbreak......»»

Oil prices rose nearly 1% on Thursday, extending big gains from a day earlier, as the market worried about crude supply disruptions and demand concerns were cushioned after a sharp drop in new coronavirus cases at the epicenter of the outbreak......»»

BofA: Buybacks Are Tracking 27% Above Last Year's Levels At This Time It may come as a surprise to some that despite a dramatic drop .....»»

Under Armour Inc on Tuesday forecast a surprise drop in 2020 profit, blaming ongoing weakness in its North American business and the coronavirus outbreak in China, sending its shares tumbling as much as 16%......»»

Under Armour Inc on Tuesday forecast a surprise drop in 2020 revenue, largely due to weakness in North America, and said the coronavirus outbreak in China would hurt sales in one of its fast-growing markets, sending shares tumbling 13%......»»

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U.S. stocks climbed on Monday as gains in Amazon and Nike as well as a surprise rebound in U.S. factory activity helped markets attempt a recovery from steep weekly losses due to concerns about the coronavirus epidemic......»»

The UK is set to leave the European Union at 11:00 p.m. London time this evening. Sterling is trading slightly higher at $1.31 against the greenback. However, analysts say this could also be due to the Bank of England's decision.....»»

The gain comes from a drop in cancer deaths and fatal drug overdoses in 2018.....»»

The gain comes from a drop in cancer deaths and fatal drug overdoses in 2018.....»»

U.S. stock index futures fell sharply on Thursday as the death toll from the coronavirus continues to rise in China, stoking fears about the virus’ impact on global economic growth......»»

The safe-haven Japanese yen firmed and the Chinese yuan weakened on Thursday, as traders kept a wary eye on the spread of a virus in China, while the battered Australian dollar jumped after a surprise drop in unemployment......»»

The safe-haven Japanese yen was firm and the Chinese yuan fragile on Thursday as traders kept a wary eye on the spread of a virus in China, while the ailing Australian dollar jumped after a surprise drop in unemployment......»»