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2 mins read
Dow crashes 1,000 points and the Nasdaq loses 3% as recession fears fuel market panic
A surprise interest rate hike from the Bank of Japan last week sparked a series of margin calls tha…
Matthew Fox
2 mins read
Oil prices are crashing. Blame uncertain demand and booming US production.
US crude prices plunged below $70 a barrel on Wednesday, while brent dropped to $74 as the global d…
Phil Rosen
2 mins read
Oil has crashed 20% this quarter. Here's why – and what it means for your wallet.
Benchmark crude prices have tumbled sharply since the start of October, despite the Israel-Hamas wa…
George Glover
2 mins read
Oil has crashed 20% this quarter. Here's why – and what it means for your wallet.
Benchmark crude prices have tumbled sharply since the start of October, despite the Israel-Hamas wa…
George Glover
2 mins read
Markets crash: Investors' wealth erodes by ₹2.25 lakh crore
"Markets failed to capitalise on the firm start despite upbeat US and European cues and crash…
PTI
2 mins read
Former Iranian official partly blames US sanctions for the helicopter crash that killed its president
Iranian President Ebrahim Raisi died in a helicopter crash in northwest Iran on Sunday. He was trav…
Mikhaila Friel
2 mins read
Oil prices could crash 50% if OPEC+ lets output rise and doesn't extend cuts through 2024, Citi commodities research chief says
Eliminating oil production cuts would be "so painful" for OPEC that the organization is likely to s…
Filip De Mott
2 mins read
Bank stocks lead Sensex, Nifty crash as credit policy disappoints
Indian benchmark indices which opened on a positive due to US markets rally, crashed on Thursday tr…
2 mins read
UK "Essex Boys" traders face US trial for manipulation of the oil market and making $700 million during 2020's price crash, reports say
On April 20, 2020, oil prices plummeted into negative territory for the first time, as the Covid pa…
Hamza Fareed Malik
2 mins read
It’s not just crude, gold, silver and even wheat and edible oil prices are going down
A Russia-Ukraine war that came right after the Covid-19 pandemic has pushed commodity prices to diz…
2 mins read
Axis Bank only Nifty50 stock in the green as D-Street continues to slip for sixth day running
Equity benchmark indices, the Nifty and the Sensex, declined sharply in morning trade on Thursday, …
2 mins read
Oil prices are going to $90 per barrel in the 2nd half of this year on the back of a 'triple deficit' for the commodity, Morgan Stanley says
Low inventories, low spare capacity, and low investment will continue to drive oil prices higher, M…
Isabelle Lee
1 min read
Gasoline prices fall as weakening demand sends refining margins crashing
Gas prices were at $3.575 a gallon on Wednesday, according to AAA, down from $3.584 a day ago and $…
Aruni Soni
4 mins read
3 ways the US could avoid sinking into a recession as inflation slows, according to one of the first economists to call the 2008 housing crash
Shrinking gas, retail, and rent prices could mean that we are back on a path of healthy growth, say…
Jason Lalljee,Ben Winck
2 mins read
Oil could surge above $100 in the event of a cold winter - and spark inflation that drives the next macro crisis, BofA says
And tightness in the global natural gas market could put more upward pressure on crude as high natg…
Isabelle Lee
1 min read
Russia's oil and gas revenue crashed by nearly 50% at the start of 2023, leading to a wider budget deficit as Moscow's spending soars
Russia's deficit widened to nearly $25 billion as lower energy revenue met with a surge in spending…
Carla Mozée
1 min read
US stocks climb ahead of Thanksgiving as investors weigh lower oil prices and jobless claims
The final reading of University of Michigan consumer sentiment survey showed that year-ahead expect…
Jason Ma
2 mins read
Russia's ruble crashes 10% to a new record low as the US and Europe consider a ban on its energy exports
The ruble plunged after the US and its allies discussed further retaliation against Russia's invasi…
Shalini Nagarajan
2 mins read
Cathie Wood admits short-term defeat in her call for oil to plunge to $12 per barrel, but still expects prices to crash 'under the weight of lower demand'
"I got the supply shock wrong. That said, the accelerated shift toward electric transportation will…
Matthew Fox
1 min read
Russia's expanding 'dark fleet' of tankers won't prevent its oil exports from crashing, top energy trader says
The CEO of Vitol, the world's biggest independent energy trader, explained why Russia's crude expor…