You Searched For "oil price crash" and got 20 results
Sort By:
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
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
Stock market today: US stocks climb as wholesale inflation data shows big cooldown in prices
The producer price index notched its biggest decline since October, boosting hopes that the Fed has…
Filip De Mott
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
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
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
Stock market today: Stocks end higher as investors claw back most losses after big rout
Stocks were sent on a rollercoaster this week, with the S&P 500 enjoying its worst and best days si…
Matthew Fox
2 mins read
Stock market today: US stocks edge lower after best day of the year as volatile week wraps up
"Over the last few days, we have been reminded that risk-off moves happen quickly and can come from…
Matthew Fox
4 mins read
Stock market closing: Nikkei makes a sharp rebound, Sensex ends below 79k and Nifty slips below 24k
Britannia (up by 2.81%), JSW Steel (up by 2.35%), Tech Mahindra (up by 1.74%), Larsen and Toubro (u…
2 mins read
Dow plunges more than 1,000 points as global stock rout deepens on recession fear
Losses accelerated on Monday after Japan's stock market experienced its worst decline since the Bla…
Matthew Fox
2 mins read
Stock market today: Nvidia pushes Nasdaq, S&P 500 to record highs
UBS increased its Nvidia price target on Monday to $150 per share due to strong demand trends and a…
Matthew Fox
2 mins read
Stock market today: US stocks rise to records ahead of key June inflation report
This week will also see testimony from Fed chair Jerome Powell and the official start of earnings s…
Matthew Fox
2 mins read
Russian oil still relies heavily on Western-backed ships despite breaching the price cap
Western-owned or insured oil tankers continue to service Russian oil cargoes even after Urals crude…
Filip De Mott
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
Stock market today: Mega-cap tech drives S&P 500 and Nasdaq to record highs
Shares of Microsoft, Apple, and Broadcom all surged between 1.5% and 5% on Tuesday while Nvidia, Am…
Matthew Fox
2 mins read
Stock market today: Indexes dip as traders take a breather after record-setting week
Goldman Sachs boosted its year-end S&P 500 price target to 5,600, while Evercore ISI raised its tar…
Matthew Fox
2 mins read
Stock market today: US stocks jump to records as investors cheer cooler May inflation data
Inflation remained flat for the month of May and rose just 3.3% from last year, cooler than what ec…
Jennifer Sor
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
OPEC will gain more control of the oil market in 2024, and can raise production again in the 2nd half of the year, energy firm says
The oil cartel has cut the right amount of production to keep markets balanced to start next year, …