Oil prices fall as coronavirus case surge heightens demand fears
[ad_1] MELBOURNE/SINGAPORE (Reuters) – Oil prices slipped on Thursday on concerns that a spike in new coronavirus cases in China and the United States could dampen a recovery in fuel…
Global stocks jump on Fed support, easing second wave fears
[ad_1] TOKYO/HONG KONG (Reuters) – Asian shares rallied and the dollar fell on Tuesday as risk appetite was bolstered by the formal start of the Federal Reserve’s corporate bond buying…
Oil prices ease as coronavirus infections rise
[ad_1] TOKYO (Reuters) – Oil prices dipped on Tuesday on jitters that a rise in coronavirus infections around the world could hurt fuel demand, but hopes that production cuts could…
Oil prices rise 2% on optimism around OPEC+ output pact
[ad_1] NEW YORK (Reuters) – Oil prices rose more than 2% on Monday as signs that fuel demand was recovering, while OPEC+ members were complying with a production cut deal,…
Stocks rebound on Fed debt program, oil recovers
[ad_1] NEW YORK (Reuters) – A gauge of global equities rebounded on Monday after the Federal Reserve widened its program of buying corporate debt, while crude oil rose on signs…
World shares stem losses as fresh lockdown fears fade
[ad_1] NEW YORK (Reuters) – Global equity markets bounced back on Friday as investors took in stride the U.S. Federal Reserve’s outlook for a long road to recovery and bet…
Asian stocks set to fall sharply as Wall Street tumbles
[ad_1] NEW YORK (Reuters) – Asian equities are set to fall sharply on Friday after Wall Street stocks and oil tumbled over growing concerns that a resurgence of coronavirus infections…
Oil rises as traders await OPEC+ meeting on extending supply cuts
[ad_1] SEOUL (Reuters) – Oil prices moved higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers…
Oil up on lower U.S. stocks, firmer demand
[ad_1] LONDON (Reuters) – Oil prices firmed on Wednesday on signs of improving demand and a drawdown in U.S. crude inventories, but worries over the economic fallout from the coronavirus…
Occidental offering voluntary job buyouts, citing need for spending cuts: document
[ad_1] (Reuters) – Occidental Petroleum Corp (OXY.N) is offering its employees voluntary buyouts over the next two weeks, according to a document seen by Reuters on Tuesday, citing the sharp…