Oil down 10 percent after five-day decline; Goldman says more losses needed
Oil fell for a fifth straight day Friday, losing 10 percent on the week, and Goldman Sachs said more losses were…
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oil prices
World’s biggest oil producer Saudi Aramco confirms it’s considering IPO
Saudi Arabia's state-owned oil company Saudi Aramco confirmed Friday it is considering listing the company on the…
Oil finishes 2015 in downbeat mood; hangover to be long, painful
Oil prices remained in a downbeat mood during their final Asian-hours trading session of 2015 after record U.S.…
FTSE falls as oil prices plunge, IMF boss predicts ‘disappointing’ global…
Britain's FTSE index closed lower Wednesday, amid falling oil prices and a warning from the head of the…
U.S. stocks sharply higher as oil surges; Google, Amazon hit all-time highs
U.S. stocks climbed sharply higher Tuesday as a rebound in oil prices helped reinvigorate bullish sentiment on Wall…
Asian stock markets, led by Australia, mostly gain as oil prices rebound
Stock markets in Asia went up Wednesday as a recovery in oil prices lifted energy shares. Australia’s S&P/ASX…
Gulf stock markets mixed in quiet at early trade
Gulf stock markets were mixed in quiet at early trade Wednesday amid soft oil and global equities prices. Dubai's…
Saudis plan unprecedented subsidy cuts to counter oil price plunge
Confronting a fall in oil prices and mounting regional turmoil, Saudi Arabia reduced energy subsidies and allocated…
European stocks propped up by rise in Britain’s FTSE
A rise in Britain's stock market, where commodity-related companies climbed on the back of a further rebound in…
Oil price drop spurs Egypt fuel subsidy phase-out once more
The continued collapse in oil prices will encourage Egyptian government to slash fuel subsidies once more to reduce…