Saturday, August 15, 2020
Tags Crude oil

Tag: crude oil

Oil mixed as demand worries offset gains from output cut deal

NEW YORK (Reuters) - Oil prices were mixed on Monday, as the historic production-cut deal inked by major global oil producers was not enough...

Oil prices settle higher on stimulus package, fuel demand sinks

NEW YORK (Reuters) - U.S. crude prices settled higher on Wednesday, bolstered by progress on a massive pending U.S. economic stimulus package, even as...

New York order spooks Wall Street, offsets calm from policy efforts

NEW YORK (Reuters) - Wall Street retreated on Friday after New York ordered residents to stay home, rattling investors who had welcomed this week's...

Oil slumps below $30 a barrel as coronavirus spreads, OPEC rancor...

NEW YORK (Reuters) - Oil prices fell below $30 a barrel on Monday after the worldwide coronavirus outbreak worsened over the weekend, exacerbating fears...

Markets crater as coronavirus fears overwhelm central bank emergency measures

NEW YORK/LONDON (Reuters) - Markets reeled on Monday, with stocks on Wall Street and the price of Brent crude tumbling more than 10%, as...

Aramco to cut capital spending over coronavirus; 2019 profits plunge

DUBAI (Reuters) - Saudi Aramco on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, and also posted...

Late Wall Street rally leads global stocks higher; oil also jumps

NEW YORK (Reuters) - A gauge of stocks across the globe bounced back on Friday led by a late rally on Wall Street, after...

Crude posts biggest weekly losses since 2008, hit by coronavirus and...

NEW YORK (Reuters) - Oil prices on Friday posted their biggest week of losses since the 2008 global financial crisis, rocked by the coronavirus...

Panic grips financial markets after U.S. travel curbs, ECB move

NEW YORK (Reuters) - Panic hit world financial markets on Thursday after stimulus efforts from the European Central Bank failed to calm investors alarmed...

Former Exxon CEO Tillerson denies misleading investors in climate case

NEW YORK (Reuters) - Former Exxon Mobil Corp Chief Executive Officer Rex Tillerson on Wednesday denied misleading investors about how the oil major measured...