Oil prices extended losses to fall around 2% on Friday after U.S. President Donald Trump tested positive for the coronavirus, while a U.S. stimulus package eluded negotiators amid ongoing worries about demand. Brent crude slipped on the news and was down 78 cents, or 1.9%, at...
-U.S. stocks are set to open lower Wednesday, as the chaotic nature of the first presidential debate raised concerns of a contested election result. By 7 AM ET (1100 GMT), S&P 500 Futures traded 17 points, or 0.5%, lower, the Dow Futures contract fell 170 points,...
-Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after last week’s slips. Brent crude fell 23 cents, or 0.6%, to $41.69...
-Oil was up on Friday morning in Asia, but still remains down on the month. Brent oil futures were up 0.41% to $42.11 by 11:59 AM ET (3:59 AM GMT) and WTI Futures rose 0.47% to $40.50. Both benchmarks are above the $40-mark again, buoyed by a...
Oil rose in early trade on Tuesday, paring sharp overnight losses, as the latest tropical storm in the Gulf of Mexico lost strength, but worries about fuel demand persisted with flare-ups around the globe in coronavirus cases. Brent crude futures rose 14 cents, or 0.3%, to...
-European stock markets traded sharply lower Monday, weighed on by concerns over an uptick in coronavirus cases and weakness in the heavyweight banking sector on the back of disclosures about historical suspect payments At 3:35 AM ET (0735 GMT), the DAX in Germany traded 2.2% lower,...
-Oil prices rose for a fourth straight day on Friday as Goldman Sachs estimated the market is in deficit and a new storm started building in the Gulf of Mexico, putting crude on track for a weekly gain of about 10%. Brent crude was up 27...
BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more. Oil consumption may never return to levels seen before the coronavirus crisis took hold, BP said...
Stocks in Asia-Pacific wee mostly higher on Friday as investors watched regional technology stock movements following a decline in the sector stateside. Mainland Chinese stocks were higher by their close, with the Shanghai composite up 0.79% to around 3,260.35 while the Shenzhen component rose 1.57% to about 12,942.95....
European stock markets are seen opening largely lower Wednesday, weighed by the rout of technology shares on Wall Street as well as concerns about the increase of coronavirus cases. At 2:05 AM ET (0605 GMT), the DAX futures contract in Germany traded 0.2% higher, CAC 40...
