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Oil prices have rallied after turning negative for the first time ever. Here's the timeline for the oil-price war and April plunge.   Oil prices climb as US stock drawdown eases supply glut fears   Oil prices rise to highest since March after U.S. stock drawdown  
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UK inflation slumps to lowest since 2016 as coronavirus hits [Video]

UK inflation slumps to lowest since 2016 as coronavirus hits

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..

Credit: Reuters Studio     Duration: 01:29Published
Financial Focus May 18, 2020 [Video]

Financial Focus May 18, 2020

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
Gas prices slowly increasing [Video]

Gas prices slowly increasing

Gas prices slowly increasing as states start to reopening amid the pandemic.

Credit: KTNV Channel 13 Las Vegas     Duration: 00:58Published
European banks plunge into red amid lockdowns [Video]

European banks plunge into red amid lockdowns

Germany’s Commerzbank said on Wednesday (May 13) it swung to a loss in the first quarter as the impact of the coronavirus pandemic drove up loan loss provisions and risked derailing its recovery. As..

Credit: Reuters Studio     Duration: 01:28Published
Saudi Arabia to impose 'painful' austerity measures, triple VAT [Video]

Saudi Arabia to impose 'painful' austerity measures, triple VAT

Spending cuts come amid a plunge in oil prices that are hurting the government's finances.

Credit: Al Jazeera STUDIO     Duration: 02:57Published
Saudi announces new austerity drive [Video]

Saudi announces new austerity drive

Kingdom to triple VAT, halt monthly handout payments in tough measures amid low oil prices and virus-led economic slump.

Credit: Al Jazeera STUDIO     Duration: 02:11Published
Oil Glut Continues To Drive Down Prices [Video]

Oil Glut Continues To Drive Down Prices

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..

Credit: Wochit     Duration: 00:35Published
Glut Of Oil Could Send Pump Prices Up [Video]

Glut Of Oil Could Send Pump Prices Up

With restrictions lifting, demand could go up for gas. Kandiss Crone reports.

Credit: CBS2 LA     Duration: 01:37Published
Putin's approval-rating dips, but support for extending rule rises [Video]

Putin's approval-rating dips, but support for extending rule rises

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..

Credit: Reuters Studio     Duration: 01:10Published
Stocks slip as U.S. pins blame for virus on China [Video]

Stocks slip as U.S. pins blame for virus on China

European stock markets and oil prices fell Monday as a spat between top U.S. officials and China over the origin of the coronavirus fuelled fears of a new trade war, derailing a rebound in global..

Credit: Reuters Studio     Duration: 01:41Published
Sensex ends 997 points higher, posts gains for 4th straight day on COVID-19 drug hopes [Video]

Sensex ends 997 points higher, posts gains for 4th straight day on COVID-19 drug hopes

Equity benchmark indices advanced on Thursday in line with global cues as positive results for experimental remdesivir drug towards COVID-19 treatment lifted investor sentiment. Most major global..

Credit: ANI     Duration: 01:18Published
Shares Up On Coronavirus Drug Hopes [Video]

Shares Up On Coronavirus Drug Hopes

NEW YORK (Reuters) - World stock markets surged on Wednesday following encouraging news for an experimental COVID-19 treatment and some positive earnings reports, while beaten-up oil prices soared...

Credit: Wochit Tech     Duration: 00:35Published
Equity indices in the green as metal stocks surge [Video]

Equity indices in the green as metal stocks surge

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..

Credit: ANI     Duration: 01:30Published
What's the Difference Between WTI and Brent Crude Oil? [Video]

What's the Difference Between WTI and Brent Crude Oil?

You've heard a lot about oil prices plummeting recently--and especially about the two main oil markets: West Texas Intermediate and Brent Crude. TheStreet explains.

Credit: The Street     Duration: 01:51Published
Gas prices have dropped, but in N.Y. state they're still pretty high [Video]

Gas prices have dropped, but in N.Y. state they're still pretty high

As people stay home to help stop the spread of the coronavirus, the price of gas has slowly started to drop. But in New York State, that’s not saying much.

Credit: WKBW Buffalo     Duration: 02:39Published
BP's profit tumbles, debt climbs as virus crisis hammers oil demand [Video]

BP's profit tumbles, debt climbs as virus crisis hammers oil demand

BP's first quarter profits tumbled by two-thirds as the coronavirus crisis hammered oil demand and the energy major's debt rose sharply as it warned of exceptional uncertainty ahead. Ciara Lee reports

Credit: Reuters Studio     Duration: 01:26Published
HSBC profit nearly halves as bad loan fears mount [Video]

HSBC profit nearly halves as bad loan fears mount

Profit as HSBC nearly halved as the bank set aside more money in anticipation of a surge in bad loans. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:26Published
U.S. stocks surge as some states reopen for business [Video]

U.S. stocks surge as some states reopen for business

Wall Street gained more than 1% on Monday at the onset of a hectic earnings week, as investors turned a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to..

Credit: Reuters Studio     Duration: 01:57Published
Shares gain as investors look to lockdown easing [Video]

Shares gain as investors look to lockdown easing

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..

Credit: Reuters Studio     Duration: 01:25Published
What Does $0 Oil Mean For Canada, And The Oil Provinces? [Video]

What Does $0 Oil Mean For Canada, And The Oil Provinces?

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..

Credit: HuffPost Canada     Duration: 03:22Published
Apple, Microsoft propel Wall Street rally [Video]

Apple, Microsoft propel Wall Street rally

Apple and Microsoft drove Wall Street higher Friday as investors finished a turbulent week of trading. But for the week, the three major indexes lost ground. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:33Published
WCBI News at Ten 04/23/2020 [Video]

WCBI News at Ten 04/23/2020

WCBI News at Ten 04/23/2020

Credit: WCBIPublished
Covid-19 Gas Prices [Video]

Covid-19 Gas Prices

It's enough to make you do a double take. the price at the gas pump has dropped dramatically.

Credit: WCBIPublished
Gas prices [Video]

Gas prices

Gas prices decreasing

Credit: WCBIPublished
US Energy Companies Stare Bankruptcy Right In The Face [Video]

US Energy Companies Stare Bankruptcy Right In The Face

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..

Credit: Wochit Tech     Duration: 00:36Published

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Oil slips on demand worries, Hong Kong tensions

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 falls on demand concerns, U.S.-China tensions

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 – looking through COVID-19

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 have rallied after turning negative for the first time ever. Here's the timeline for the oil-price war and April plunge.

oil prices have rallied after turning negative for the first time ever. here's the timeline for the oil-price war and april plunge.
· *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

Texas Economy Could Lose $24B If Oil Prices Stay In The $30s

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 climb, bolstered by ongoing supply curbs

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

Oklahoma energy co. brings $825M in debt to Houston bankruptcy court

The company has had trouble with low oil prices since 2014, but recent events have made things worse.
bizjournals - Published

Oil Prices Rise As Supply Shrinks

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 IndiaReuters

Oil prices gain as faith in supply cuts grows

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

Pablo Soria de Lachica Explores the Potential Impact of 2020 Oil Crisis on the Global Economy

pablo soria de lachica explores the potential impact of 2020 oil crisis on the global economy
*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

Oil prices normalizing as gap between physical, futures narrows

The gap between the price of a physical barrel of oil and futures prices has narrowed, indicating oil markets are moving back -More- 
SmartBrief - Published

Production recovery difficult despite rebounding oil prices

Despite higher oil prices, US shale operators may have a hard time restoring oil production to pre-pandemic levels as the lac -More- 
SmartBrief - Published

Global stocks march higher as coronavirus lockdowns ease and economic activity picks up

global stocks march higher as coronavirus lockdowns ease and economic activity picks up
· 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 climb as faith grows that suppliers will meet pledge to cut output

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

Africa: Continent's Oil Producers Eye Energy Independence After COVID-19

[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 rise on supply cut hopes, easing of coronavirus lockdowns

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 climbs as suppliers stick to output cuts, coronavirus lockdowns ease

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

$30 Oil Isn’t Good Enough For U.S. Shale

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 low oil prices and domestic flights make the Qantas share price a buy?

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

Oil Hedging Leaves Traders Dangerously Exposed

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

Shale Bust Hits Rural Communities As Oil Royalties Plunge

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

Texas Officials Consider New Sources Of Revenue As State Faces Budget Shortfalls

Texas's Republican leadership has to face budget options that seemed sacrilegious just a few months ago, as oil prices and the coronavirus pandemic wreak havoc on state finances.
NPR - Published

The Risky Road To Oil Demand Recovery

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

Chinese Hedge Funds Are Betting Big On An Oil Price Recovery

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

IEA: Peak Oil Demand Is Still Years Away

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 steadies as demand uncertainty tempers supply cuts

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

US regional banks: on the margins

The historic collapse in oil prices is likely to set off a wave of loan defaults
FT.com - Published

Iran's Zanganeh says hard to predict oil prices as demand unclear - radio

Iran's oil minister said on Monday it was difficult to forecast crude prices amid uncertainties over prospects for demand, Iranian state radio reported.
Reuters India - Published

Oil gains as coronavirus lockdowns ease, boosting hopes for demand pickup

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 falls as US-China tensions take toll

oil falls as us-china tensions take toll
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

China's 'hermit' investors fill doubled oil storage with crude bet

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 Is Unlikely To Go Much Higher

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

Oil & Gas Decommissioning To Total $42 Billion Through 2024

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

Tao Zhang: COVID-19 Provides Opportunities For A Green Recovery – Speech

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

How major US stock indexes fared Friday

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

Japan's core consumer prices slip into deflation for first time in three years

Japan’s core consumer prices fell for the first time in more than three years in April on an annual basis, as weak oil prices and coronavirus lockdown measures…
Japan Today - Published

Hong Kong tensions rattle world stock markets, oil tumbles

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



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