At a time of weak economic growth and increased market volatility, analysts are getting more bullish on gold. According to Bank of America, the precious metal is headed 78 percent...
April 22, 2020
The American Petroleum Institute (API) estimated on Tuesday another large crude oil inventory build of 13.226 million barrels for the week ending April 17. Tuesday's inventory build was smaller than...
April 22, 2020
The oil-price plunge could create a historic precedent in which the US may finally help boost the sinking energy market, albeit involuntarily, instead of benefiting at the expense of others,...
April 22, 2020
Brent crude oil has extended its price plunge, falling to just below $16 per barrel, a level not seen in 20 years. The decline comes as WTI crude slowly recovers...
April 21, 2020
International oil benchmark Brent has fallen to its lowest level since December 2001. The plunge comes a day after US oil nosedived to negative $40 per barrel, as the coronavirus...
April 21, 2020
International oil benchmark Brent has fallen to its lowest level since December 2001. The plunge comes a day after US oil nosedived to negative $40 per barrel, as the coronavirus...
April 21, 2020
International oil benchmark Brent has fallen to its lowest level since December 2001. The plunge comes a day after US oil nosedived to negative $40 per barrel, as the coronavirus...
April 21, 2020
International oil benchmark Brent has fallen to its lowest level since December 2001. The plunge comes a day after US oil nosedived to negative $40 per barrel, as the coronavirus...
April 21, 2020
The coronavirus lockdown has caused most US department stores to shut, threatening their survival. But even without the impact of virus, many retailers would still eventually have collapsed, a former...
April 21, 2020
The US Federal Reserve said recently that more than half of Americans have no money in their savings accounts. That means they are desperate and will accept whatever is happening...
April 21, 2020
Wall Street is facing another rough day with the main US stock indices down sharply on Tuesday. The fall occurred as oil prices continued to get crushed amid fears that...
April 21, 2020
Wall Street is facing another rough day with the main US stock indices down sharply on Tuesday. The fall occurred as oil prices continued to get crushed amid fears that...
April 21, 2020
China doubled the fill rate at its strategic and commercial inventories in Q1 2020, taking advantage of the low oil prices and somewhat supporting the oil market amid crashing demand....
April 21, 2020
Following this week's historic crash of US crude benchmark West Texas Intermediate (WTI), international benchmark Brent has plunged to the lowest level since 2001 on Tuesday, trading below $20 a...
April 21, 2020
The price for a barrel of US crude West Texas Intermediate (WTI) continued its downward spiral on Tuesday following Monday's historic crash, which saw prices enter negative territory for the...
April 21, 2020
A day after the shock collapse that unnerved investors and shook stock markets worldwide, West Texas Intermediate prices have gone up, offering some relief for those concerned as of Tuesday...
April 21, 2020
A day after the shock collapse that unnerved investors and shook stock markets worldwide, West Texas Intermediate prices have gone up, offering some relief for those concerned as of Tuesday...
April 21, 2020
A day after the shock collapse that unnerved investors and shook stock markets worldwide, West Texas Intermediate prices have gone up, offering some relief for those concerned as of Tuesday...
April 20, 2020
US oil was cheaper than dirt on Monday, with futures trading below zero for the first time in history. But where is this cheap oil to be stored? That's the...
April 20, 2020
US oil was cheaper than dirt on Monday, with futures trading below zero for the first time in history. But where is this cheap oil to be stored? That's the...
April 20, 2020
As US oil prices suffered a historic collapse, industry insiders told RT that the unprecedented fall in demand will lead to bankruptcies and bailouts, with the coronavirus pandemic crippling the...
April 20, 2020
Plummeting oil futures dragged US markets down as stocks closed at a dip on Monday, with the Dow, S&P and Nasdaq all finishing at a loss. The Dow Jones Industrial...
April 20, 2020
Overflowing storage and collapsing demand due to Covid-19 lockdowns have driven the US oil futures to historic lows. There are signs the recent high prices may never come back, warns...
April 20, 2020
Overflowing storage and collapsing demand due to Covid-19 lockdowns have driven the US oil futures to historic lows. There are signs the recent high prices may never come back, warns...
April 20, 2020
West Texas Intermediate oil prices have gone negative in a record low for the US benchmark, as the market continues to crater amid the general economic collapse. Vanishing demand and...
April 20, 2020
US oil prices crashed below $0 on Monday as the coronavirus pandemic cripples global energy demand, sparking concerns that storage facilities will soon be full. US West Texas Intermediate (WTI)...
April 20, 2020
US stocks dropped sharply to start the week on Monday as investors are focused on coronavirus news along with plunging crude prices. The Dow Jones Industrial Average lost 500 points...
April 20, 2020
The economy of Spain could contract between 6.8 percent and 12.4 percent in 2020 if the Covid-19 lockdown lasts eight or 12 weeks, the Bank of Spain said on Monday....
April 20, 2020
Japan has sounded the alarm over the impact of the Covid-19 outbreak on the global economy, saying that it could result in the worst crisis since the end of World...
April 20, 2020
The Walt Disney Company has said it will stop paying nearly half of its workforce this week. Disney theme parks and hotels have been shut in Europe and the US...
April 20, 2020
A gruesome combination of crumbling demand for crude and global storage filled to its brim has pushed oil prices to levels not seen in decades. US benchmark, West Texas Intermediate,...
April 19, 2020
Large US companies operating in China don't want to move production and supply chains from the country in the near future, even though the coronavirus may force them to adjust...
April 19, 2020
As the deadly coronavirus wreaks havoc on the aviation sector, Air Malta could leave 108 of its 134 pilots out of work after it failed to find common ground on...
April 19, 2020
Russia has everything it needs to cope with the coronavirus crisis, including a “healthy economy” and vast reserves, the country's President Vladimir Putin has said. “All the measures to protect...
April 19, 2020
The growing global oil and gas glut, partly caused by the coronavirus global lockdown but also due to mismanagement of the US shale sector and the OPEC+ price war fall-out,...
April 18, 2020
Many auto majors are reopening their facilities after long shutdowns triggered by the coronavirus pandemic, but the demand for cars might not pick up as quickly as they hope amid...
April 18, 2020
Many auto majors are reopening their facilities after long shutdowns triggered by the coronavirus pandemic, but the demand for cars might not pick up as quickly as they hope amid...
April 18, 2020
Russian grain exports may reach the limits introduced by the government much ahead of schedule, bringing the shipments to a temporary halt till the end of June, the country's agriculture...
April 18, 2020
Before the historic oil cuts agreed by major producers come into force in May, Saudi Arabia could sell around 600,000 barrels per day (bpd) of crude to its overseas ally...
April 18, 2020
Before the historic oil cuts agreed by major producers come into force in May, Saudi Arabia could sell around 600,000 barrels per day (bpd) of crude to its overseas ally...
