Britain's inflation rate sank in April to its lowest since August 2016 as the coronavirus pandemic pushed down global oil prices and clothing stores slashed prices, bolstering the prospect of more Bank..
In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas. Gas prices are slowing increasing as states start to reopen amid the pandemic. Bike sales are on..
Credit: KTNV Channel 13 Las Vegas Duration: 01:10Published
Reuters reports oil prices opened about 1% lower on Sunday. A persistent glut has continued to drive down prices.
Analysts say North America is battling a severe shortage of storage capacity, and that..
Vladimir Putin's approval ratings have dipped because of the fallout from the novel coronavirus crisis, according to a poll. But support for him changing the constitution so he can rule for longer has..
Equity benchmark indices were in the positive terrain during early hours on Wednesday as Asian markets treaded cautiously ahead of the US Federal Reserve policy decision. Oil prices, meanwhile, jumped..
Stock markets rallied on Monday as the Bank of Japan added more stimulus to cushion the impact of the coronavirus and investors cheered news more countries were easing lockdowns, though the oil price..
With highways empty and flights grounded, the oil industry has been suffering. Prices fell below zero in North America in April. HuffPost senior business editor Daniel Tencer tells us if they’ll ever..
Reuters reports US energy companies are scrambling for cash and face likely restructuring. Shale producers, refiners and pipeline companies are struggling under heavy debt loads amid the worst crisis..
Oil prices fell on Wednesday on revived concerns over how quickly fuel demand will recover even as coronavirus lockdowns begin to ease in many countries, while U.S.-China tensions added to negative.. Reuters India - Published Also reported by •Reuters
Oil prices fell on Wednesday on concerns over how quickly fuel demand will recover even as lockdowns ease in many countries with falling coronavirus cases, with U.S.-China tensions adding to pressure. Reuters - Published Also reported by •Reuters India
Cobalt Blue Holdings Ltd (ASX:COB) is encouraged by positive impacts emerging from the unprecedented times presented by the COVID-19 pandemic, particularly in terms of longer-term trends. With the.. Proactive Investors - Published
· *Oil prices experienced a wild ride in recent months as a global price-war and a slide to negative levels shook the market.*
· *The world's most-traded commodity has mostly rebounded in May from.. Business Insider - Published
The downturn in the U.S. oil industry could lead to more than US$24 billion of lost GDP for Texas alone, if oil prices remain in the $30s, Ed Hirs, Energy Fellow at the University of Houston, told.. OilPrice.com - Published
Oil prices rose on Tuesday, supported by signs that producers are following through on commitments to cut supplies and as fuel demand picks up with coronavirus restrictions easing. Reuters - Published Also reported by •Reuters India
Oil prices rose early on Tuesday as market participants believed that improving demand and more supply coming off would ease the glut faster than expected. As of 10:37 a.m. EDT on Tuesday, WTI.. OilPrice.com - Published Also reported by •Reuters India •Reuters
Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks up with coronavirus restrictions easing. Reuters - Published Also reported by •Reuters India
*MEXICO CITY, MEXICO / ACCESSWIRE / May 26, 2020 / *The oil industry is going through what has unanimously been described as the most calamitous period in its history, hitting an unprecedented low in.. Accesswire - Published
· Global stocks rose on Tuesday as investor sentiment was propped up by a relaxation in coronavirus lockdowns across the world and on news of a new vaccine for the virus.
· US futures point to gains.. Business Insider - Published
Oil prices rose on Tuesday, supported by growing confidence in the market that producers will come good on commitments to cut crude supply while demand picks up with more cars back on the road as.. Reuters - Published Also reported by •Reuters India
[RFI] Plummeting oil prices, exacerbated by the coronavirus pandemic, have left Africa's oil and gas producers staring at the bottom of the barrel. Renewables could offer them a way out. allAfrica.com - Published
Oil prices climbed on Tuesday, boosted by increasing faith in the market that producers will to stick to commitments to cut crude supply while demand picks up with more cars back on the road as.. Reuters India - Published Also reported by •Reuters
Oil prices rose on Tuesday on clear signs that producers are sticking to commitments to cut crude supply as more cars get back on the road with coronavirus lockdowns easing around the world. Reuters India - Published
The rebound of WTI from below zero back into the $30s led to a wave of bullish trading, with energy stocks rallying in response. One renowned industry expert recently celebrated the return of $30 oil:.. OilPrice.com - Published
Could easing lockdown measures make the Qantas Airways Ltd (ASX: QAN) share price a buy?
The post Could low oil prices and domestic flights make the Qantas share price a buy? appeared first on.. Motley Fool - Published
Hedging is a popular trading strategy frequently used by oil and gas producers, airlines, and other heavy consumers of energy commodities to protect themselves against market fluctuations. During.. OilPrice.com - Published
The oil price collapse is hurting not only U.S. shale firms and their drilling activities. The crash has severely crippled the royalty payments to a dozen million American oil and gas royalty owners of.. OilPrice.com - Published
The IEA came out with a rather bullish remark for oil this morning, stating that peak demand is still years away. The agency’s chief Fatih Birol said that “In the absence of strong government.. OilPrice.com - Published
Little-known Chinese hedge funds are betting big on an oil price recovery on the Shanghai-traded yuan-denominated oil futures and are set to fill up all available storage for delivery of those futures.. OilPrice.com - Published
The world hasn’t seen peak oil demand yet, the head of the International Energy Agency (IEA) told Bloomberg News on Monday, expecting that sooner or later, oil consumption would return to the.. OilPrice.com - Published
Oil prices, which have been driven higher for the past four weeks, were steady on Monday, with holidays in Singapore, London and New York dampening trade, as rising concerns over demand recovery offset.. Reuters India - Published
Oil prices rose on Monday, erasing earlier losses, as countries around the world continued to ease lockdown measures imposed to combat the coronavirus pandemic, boosting hopes for a recovery in fuel.. Reuters India - Published
Oil prices eased on Monday on concerns over rising tensions between the United States and China over Beijing's plans to impose security laws on Hong Kong and the possibility of sanctions from.. WorldNews - Published Also reported by •Reuters India
Chinese financial investors betting on a rebound in oil prices are filling commercial storage tanks held by the Shanghai futures exchange just as fast as the exchange can find them. Reuters India - Published
Oil prices have climbed nearly uninterrupted since late April, but the gains could be coming to an end. On Friday, oil prices fell sharply, hitting the pause button on a rally that saw WTI rebound.. OilPrice.com - Published
Energy companies have been slashing exploration and production budgets since the Covid-19 pandemic took hold and sent oil prices tumbling, but, with few profitable investment alternatives, operators.. OilPrice.com - Published
I am delighted to join the Parliamentary Assembly for this immensely important and timely discussion on the COVID-19 and climate change crises.
The first crisis is acute and immediate, the second.. Eurasia Review - Published
Wall Street ended mostly higher Friday after a wobbly day of trading. Trading was subdued ahead of the Memorial Day holiday in the U.S.
Despite the uneven finish, major indexes each notched a weekly.. SeattlePI.com - Published
Oil prices tumbled and global equity markets fell on Friday as China's move to impose a new security law on Hong Kong further strained U.S.-China relations and clouded economic recovery prospects. Reuters India - Published