Historic rout in WTI futures amid fire sale ahead of expiry
(Sharecast News) - US crude oil futures crashed at the start of the week with the price of West Texas Intermediate falling below zero for the first time ever.
Read moreTue, 21st Apr 2020 11:04
(Sharecast News) - US crude oil futures crashed at the start of the week with the price of West Texas Intermediate falling below zero for the first time ever.
Read more(Sharecast News) - Analysts at JP Morgan stuck to their 'neutral' recommendation for shares of Petrofac, despite news that the Abu Dhabi National Oil Corporation had cancelled the $1.5bn Engineering, Procurement and Construction for the Dalma Gas Development Project.
Read more(Sharecast News) - Early gains for stocks across the Continent have evaporated amid a continued slide in US oil futures and as investors continue to monitor the news-flow around the Covid-19 pandemic.
Read more(Sharecast News) - Royal Dutch Shell said it was stepping up its activities to become carbon neutral to respond to heightened concerns about oil companies' impact on the climate.
Read more(Sharecast News) - The cost of imported goods in the States fell sharply last month as energy prices crashed.
Read more(Sharecast News) - The Organisation of Petroleum Exporting Countries and its key allies managed to pull a rabbit out of the hat at the last minute - defying skeptics.
Read more(Sharecast News) - Moscow and Riyadh have reached an agreement in principle to cut their crude oil output.
Read more(Sharecast News) - Norway may cut its oil production alongside other major producers if an agreement for a significant combined reduction can be reached.
Read more(Sharecast News) - Crude oil futures extended the previous day's rally following reports that Russian oil producers were prepared to reduce their own output to help stem the rout in prices.
Read more(Sharecast News) - Traders in Brent crude oil endured a roller coaster-like session after the US President said Russia and Saudi had agreed to restrain their combined output, but Russian officials quickly appeared to call that into doubt, at least in part.
Read more(Sharecast News) - US President Donald Trump triggered a sharp rally in crude oil futures on Thursday after doubling-down on his optimism regarding a detente between Russia and Saudi in their oil price war.
Read more(Sharecast News) - Stocks on the Continent are keeping their heads above water following the previous day's thrashing, helped by a rebound in oil futures, even as investors kept a close eye on the economic fallout of the Covid-19 pandemic.
Read more(Sharecast News) - Unilever: Barclays upgrades to equal weight with a target price of 4,420p.
Read more(Sharecast News) - US intelligence has concluded that China did not reveal the true extent of the Covid-19 coronavirus pandemic in the country on purpose.
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