Gold prices steadied on Wednesday in Asia after the U.S. Federal Reserve’s rate cut sent the 10-year Treasury yields to […]
Tag: global
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 […]
Global trade suffers the first fall of the year from the financial crisis
Global trade had a rough 2019 as weaker world growth and a manufacturing recession took their toll. As the world […]
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 […]
IEA Sees First Global Oil Demand Drop in a Decade on Coronavirus
Global oil demand will drop this quarter for the first time in over a decade as the coronavirus batters China’s […]
Oil slips on weaker Chinese demand, traders await OPEC+ cuts
Oil prices slipped on Monday on weaker Chinese oil demand in the wake of the coronavirus outbreak and as traders […]
Estimates of global GDP hit from coronavirus disruption
Travel and trade restrictions introduced to control the spread of the coronavirus from China are now expected to deliver a […]
Oil Continues to Weaken on Chinese Demand Fears
Oil prices slumped Thursday, falling near to three-month lows after a surprise increase in U.S. crude inventories compounded fears of falling demand […]
Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes
Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in […]
