Crude rebounds from more-than 20-year low

Crude rebounds from more-than 20-year low

Brent crude oil rebounded from two days of losses and US futures surged bolstered by tentative talk of additional supply cuts from OPEC producers and US inventory builds that were less dire than some expected. Oil trading has been more volatile than ever in recent...
Crude rebounds from more-than 20-year low

Asia stocks fall after US crude collapses

Asian share markets have slipped to two-week lows as the floor fell out from under crude prices, exposing the deep economic damage wrought by the global coronavirus health crisis. Skittish investors sought the safety of government debt as Brent oil futures plunged for...
Crude rebounds from more-than 20-year low

US stocks fall as crude prices collapse

US stocks retreated for a second straight day as a collapse in crude prices and glum annual profit forecasts by companies foreshadowed the biggest economic slump since the Great Depression due to the coronavirus outbreak. Almost all the major S&P 500 sub-sectors...
Crude rebounds from more-than 20-year low

Wall St slides as crude slump hits energy

A slide in energy stocks has weighed on Wall Street as crude prices crashed at the start of a week packed with quarterly earnings reports and economic data likely to underline the damage from the coronavirus outbreak. The S&P 500 energy index has shed 2.8 per cent...
Crude rebounds from more-than 20-year low

Oil sinks after record US crude build

US crude prices fell to an 18-year low and Brent lost more than 6.0 per cent after the United States reported its biggest weekly inventory build on record, while global demand is expected to fall to quarter-century lows due to the coronavirus pandemic. The grim...