Global oil demand is expected to fall this year for the first time in over a decade, as the rapid […]
Tag: commodities
Gold Prices Steady After Fed Cuts Rate
Gold prices steadied on Wednesday in Asia after the U.S. Federal Reserve’s rate cut sent the 10-year Treasury yields to […]
OPEC+ Experts Urge More Oil-Output Curbs as Virus Slashes Demand
Experts from OPEC+ recommended that oil ministers consider a larger production cut when they meet this week, as the havoc […]
Oil’s Freefall Halted By Hope OPEC And Allies Will Take Action
Expectations the OPEC+ alliance will deepen output cuts put a floor under last week’s 16% plunge in oil prices, with […]
Oil rebounds over 4% as hopes of OPEC cut, stimulus counter virus gloom
Oil prices jumped more than 4%, up from multi-year lows hit earlier on Monday, as hopes of a deeper cut […]
Gold Prices Rise as U.S. Confirms First Community Transmission of Coronavirus
Gold prices rose again on Thursday in Asia after the U.S. confirmed the first possible “community spread” of the coronavirus […]
Oil falls for fifth day on demand concerns as coronavirus spreads
Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of […]
No OPEC Decision Yet on Oil Cuts, Saudi Energy Minister Says
OPEC hasn’t made a decision yet on whether to extend or modify its agreement to cut oil output, Saudi Arabia’s […]
Oil Steadies Following Virus Sell-Off as Fallout Unknown
Oil steadied after the biggest drop in almost seven weeks as investors attempted to gauge the economic impact of the […]
Oil slides 4% on demand concerns as coronavirus spreads
Oil prices slumped by 4% on Monday as the rapid spread of the coronavirus in countries outside China added to […]
