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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   


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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   


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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   


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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   


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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   


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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   


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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…

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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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Stock market today: Indexes slide as traders brace for market-moving Nvidia earnings

Traders are looking to Nvidia's first-quarter results as the catalyst that could power the next leg…

Jennifer Sor   


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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   


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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   


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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