Oil prices fall as oversupply lingers, economic slowdown looms
Oil prices fell over half a dollar on Tuesday, extending losses from the previous session as concerns took hold…
Browsing Tag
Oil
Oil back below $40 as Iran dashes hopes for quick deal on output
Oil fell around 2 percent on Monday after Iran dashed hopes that there would be a coordinated production freeze any…
ECB stimulus, firmer oil push S&P 500 to 2016 high
The Dow and S&P 500 rallied on Friday to their best close of 2016 as investors embraced the European Central…
Oil up as IEA sees tighter supply; Goldman says rally premature
Oil rose up to 2 percent on Friday, with U.S. crude gaining for a fourth straight week, after the world's energy…
Oil prices dip as global oversupply outweighs strong demand
Oil prices dipped on Thursday after U.S. crude hit 2016 highs the day before and Brent shot back over $40 per…
Asia stocks gain as oil bounce improves sentiment, ECB awaited
Asian stocks edged up on Thursday, encouraged by a rally in crude oil prices and expectations that the European…
Egypt to negotiate with Saudi Arabia over new oil cargoes – official
Egyptian petroleum ministry is set to start new negotiations with Saudi Arabia at the middle of March 2016 over…
Saudi job creation dries up as oil price slump hits broader economy
Saudi Arabia's plans for economic reform foresee winding down 'jobs for life' in an inefficient state bureaucracy…
Brent holds above $40 as some investors call bottom on oil rout
Oil prices fell on Tuesday on weak Chinese trading data, but Brent remained over $40 a barrel after jumping to 2016…
Europe shares dip after Asia hits two-month high, oil rises
European shares fell on Monday, unable to maintain the momentum that took Asian equities to two-month highs after…