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UK inflation slumps to lowest since 2016 as coronavirus hits [Video]

UK inflation slumps to lowest since 2016 as coronavirus hits

Britain's inflation rate sank in April to its lowest since August 2016 as the coronavirus pandemic pushed down global oil prices and clothing stores slashed prices, bolstering the prospect of more Bank..

Credit: Reuters Studio     Duration: 01:29Published
Financial Focus May 18, 2020 [Video]

Financial Focus May 18, 2020

In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas. Gas prices are slowing increasing as states start to reopen amid the pandemic. Bike sales are on..

Credit: KTNV Channel 13 Las Vegas     Duration: 01:10Published
Gas prices slowly increasing [Video]

Gas prices slowly increasing

Gas prices slowly increasing as states start to reopening amid the pandemic.

Credit: KTNV Channel 13 Las Vegas     Duration: 00:58Published
European banks plunge into red amid lockdowns [Video]

European banks plunge into red amid lockdowns

Germany’s Commerzbank said on Wednesday (May 13) it swung to a loss in the first quarter as the impact of the coronavirus pandemic drove up loan loss provisions and risked derailing its recovery. As..

Credit: Reuters Studio     Duration: 01:28Published
Oil Glut Continues To Drive Down Prices [Video]

Oil Glut Continues To Drive Down Prices

Reuters reports oil prices opened about 1% lower on Sunday. A persistent glut has continued to drive down prices. Analysts say North America is battling a severe shortage of storage capacity, and that..

Credit: Wochit     Duration: 00:35Published
Glut Of Oil Could Send Pump Prices Up [Video]

Glut Of Oil Could Send Pump Prices Up

With restrictions lifting, demand could go up for gas. Kandiss Crone reports.

Credit: CBS2 LA     Duration: 01:37Published
Putin's approval-rating dips, but support for extending rule rises [Video]

Putin's approval-rating dips, but support for extending rule rises

Vladimir Putin's approval ratings have dipped because of the fallout from the novel coronavirus crisis, according to a poll. But support for him changing the constitution so he can rule for longer has..

Credit: Reuters Studio     Duration: 01:10Published
Stocks slip as U.S. pins blame for virus on China [Video]

Stocks slip as U.S. pins blame for virus on China

European stock markets and oil prices fell Monday as a spat between top U.S. officials and China over the origin of the coronavirus fuelled fears of a new trade war, derailing a rebound in global..

Credit: Reuters Studio     Duration: 01:41Published
Sensex ends 997 points higher, posts gains for 4th straight day on COVID-19 drug hopes [Video]

Sensex ends 997 points higher, posts gains for 4th straight day on COVID-19 drug hopes

Equity benchmark indices advanced on Thursday in line with global cues as positive results for experimental remdesivir drug towards COVID-19 treatment lifted investor sentiment. Most major global..

Credit: ANI     Duration: 01:18Published
Shares Up On Coronavirus Drug Hopes [Video]

Shares Up On Coronavirus Drug Hopes

NEW YORK (Reuters) - World stock markets surged on Wednesday following encouraging news for an experimental COVID-19 treatment and some positive earnings reports, while beaten-up oil prices soared...

Credit: Wochit Tech     Duration: 00:35Published
Equity indices in the green as metal stocks surge [Video]

Equity indices in the green as metal stocks surge

Equity benchmark indices were in the positive terrain during early hours on Wednesday as Asian markets treaded cautiously ahead of the US Federal Reserve policy decision. Oil prices, meanwhile, jumped..

Credit: ANI     Duration: 01:30Published
What's the Difference Between WTI and Brent Crude Oil? [Video]

What's the Difference Between WTI and Brent Crude Oil?

You've heard a lot about oil prices plummeting recently--and especially about the two main oil markets: West Texas Intermediate and Brent Crude. TheStreet explains.

Credit: The Street     Duration: 01:51Published
Gas prices have dropped, but in N.Y. state they're still pretty high [Video]

Gas prices have dropped, but in N.Y. state they're still pretty high

As people stay home to help stop the spread of the coronavirus, the price of gas has slowly started to drop. But in New York State, that’s not saying much.

Credit: WKBW Buffalo     Duration: 02:39Published
BP's profit tumbles, debt climbs as virus crisis hammers oil demand [Video]

BP's profit tumbles, debt climbs as virus crisis hammers oil demand

BP's first quarter profits tumbled by two-thirds as the coronavirus crisis hammered oil demand and the energy major's debt rose sharply as it warned of exceptional uncertainty ahead. Ciara Lee reports

Credit: Reuters Studio     Duration: 01:26Published
HSBC profit nearly halves as bad loan fears mount [Video]

HSBC profit nearly halves as bad loan fears mount

Profit as HSBC nearly halved as the bank set aside more money in anticipation of a surge in bad loans. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:26Published
U.S. stocks surge as some states reopen for business [Video]

U.S. stocks surge as some states reopen for business

Wall Street gained more than 1% on Monday at the onset of a hectic earnings week, as investors turned a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to..

Credit: Reuters Studio     Duration: 01:57Published
Shares gain as investors look to lockdown easing [Video]

Shares gain as investors look to lockdown easing

Stock markets rallied on Monday as the Bank of Japan added more stimulus to cushion the impact of the coronavirus and investors cheered news more countries were easing lockdowns, though the oil price..

Credit: Reuters Studio     Duration: 01:25Published
What Does $0 Oil Mean For Canada, And The Oil Provinces? [Video]

What Does $0 Oil Mean For Canada, And The Oil Provinces?

With highways empty and flights grounded, the oil industry has been suffering. Prices fell below zero in North America in April. HuffPost senior business editor Daniel Tencer tells us if they’ll ever..

Credit: HuffPost Canada     Duration: 03:22Published
Apple, Microsoft propel Wall Street rally [Video]

Apple, Microsoft propel Wall Street rally

Apple and Microsoft drove Wall Street higher Friday as investors finished a turbulent week of trading. But for the week, the three major indexes lost ground. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:33Published
US Energy Companies Stare Bankruptcy Right In The Face [Video]

US Energy Companies Stare Bankruptcy Right In The Face

Reuters reports US energy companies are scrambling for cash and face likely restructuring. Shale producers, refiners and pipeline companies are struggling under heavy debt loads amid the worst crisis..

Credit: Wochit Tech     Duration: 00:36Published
'Inconclusive' Gilead Remdesivir Reports Erase Stock Gains: What Wall Street's Saying [Video]

'Inconclusive' Gilead Remdesivir Reports Erase Stock Gains: What Wall Street's Saying

Positives on oil prices and fiscal stimulus were overwhelmed by a huge vaccine-related negative.

Credit: The Street     Duration: 01:51Published
AAA Texas: Gas Prices Down $1.06 Compared To Last Year, No Prices In Negative Expected [Video]

AAA Texas: Gas Prices Down $1.06 Compared To Last Year, No Prices In Negative Expected

Gas prices are continuing to decrease in Texas and across the U.S. during the coronavirus pandemic as crude oil prices fell into negative territory earlier this week. Katie Johnston reports.

Credit: CBS 11 Dallas     Duration: 00:32Published
Oil Powers Stocks Higher Thursday [Video]

Oil Powers Stocks Higher Thursday

Stock gains accelerated by midday Thursday, as oil prices continued their rebound.

Credit: The Street     Duration: 01:19Published
Wall Street surges as Congress preps more stimulus [Video]

Wall Street surges as Congress preps more stimulus

Wall Street surged on Wednesday as oil prices recovered and Congress looked on course to approve nearly $500 billion more in aid to help small businesses ride out the coronavirus crisis. Yahaira..

Credit: Reuters Studio     Duration: 01:59Published
Wall Street Rises, Oil Gains, Congress Readies Aid [Video]

Wall Street Rises, Oil Gains, Congress Readies Aid

(Reuters) - Wall Street surged on Wednesday as oil prices recovered some ground and Congress looked on course to approve nearly $500 billion more in aid to help small businesses ride out the..

Credit: Wochit Tech     Duration: 00:32Published

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China Scoops Up Cheap Nigerian Oil

The submersion of East Asian markets into coronavirus-induced recession has pulled down several major oil producers, most notably Nigeria whose breakeven price is well above $100 per barrel (Fitch puts..
OilPrice.com - Published

Oil prices rise on higher U.S. gasoline demand, refinery runs

Oil futures rose on Thursday, erasing earlier losses, on signs U.S. gasoline demand is rising despite a big surprise build in crude inventories and worries that China's new Hong Kong security law could..
Reuters - Published

Oil prices little changed as U.S. crude, diesel stocks swell

Oil futures dipped and then bounced to trade around even on Thursday after U.S. crude and distillate inventories rose much more than expected, with traders also worried that China's new Hong Kong..
Reuters India - Published Also reported by •Reuters

Relationship Between Gold and Oil Prices: Why There’s a Big Disconnection in 2020

The relationship between gold and oil prices have turned upside down. They've gone in opposite directions. Should you buy gold stocks now? The post Relationship Between Gold and Oil Prices: Why..
Motley Fool - Published

Orders for US big-ticket factory goods drop 17.2% in April

WASHINGTON (AP) — U.S. orders for big-ticket factory goods plunged for the second straight month in April as the coronavirus pandemic hammered the economy. The Commerce Department said Thursday..
SeattlePI.com - Published

Oil Prices Fall On Bearish EIA Data

The Energy Information poured cold water on oil bull circles this week when it reported a crude oil inventory increase of 7.9 million barrels for the week to May 22. Fuel inventories posted mixed..
OilPrice.com - Published

Oil Prices Stabilize On Rumors Of An OPEC+ Extension

Oil traded flat on Thursday morning following yesterday’s correction driven by Saudi Arabia and other OPEC members signaling that they are considering extending the huge output cuts until the end of..
OilPrice.com - Published

Oil prices steady, awaiting confirmation of surprise U.S. inventory build

Oil futures steadied on Thursday as the market awaited confirmation of industry data that showed a surprise increase in U.S. crude stocks, which offset hopes for a demand recovery as coronavirus..
Reuters India - Published Also reported by •Reuters

API: Current oil price environment still challenging

Oil prices in the $30-$35 per barrel range are still not high enough for US oil producers to thrive, but the industry has dem -More- 
SmartBrief - Published

Oil prices drop for second consecutive day

Brent crude futures dropped 3.2 per cent or $1.10 to $33.64 per barrel. The post Oil prices drop for second consecutive day appeared first on Premium Times Nigeria.
Premium Times Nigeria - Published

S&P/ASX 200 loses steam after China approves controversial Hong Kong security law

S&P/ASX 200 (INDEXASX:XJO) finished 76 points or 1.32% higher today at 5851 - touching a new 11-week high in the process. The market broke through the 5900 barrier for the first time since March 11 but..
Proactive Investors - Published

Oil falls as surprise U.S. stock build douses demand recovery hopes

Oil prices plunged on Thursday after U.S. industry data showed a surprise steep build in crude oil inventories, dampening hopes of a smooth recovery in demand as some countries begin to ease their way..
Reuters - Published Also reported by •Reuters India

Oil drops on worse than feared rise in US fuel stocks

oil drops on worse than feared rise in us fuel stocks
MELBOURNE: Oil prices fell in early trade on Thursday after US crude, gasoline and heating oil inventories all rose more than expected, dousing hopes of a smooth recovery in demand from coronavirus..
WorldNews - Published Also reported by •Reuters India

Oil prices dip in volatile trading

oil prices dip in volatile trading
NEW YORK, May 27 (Xinhua) -- Oil prices retreated on Wednesday as volatile trading continued on the energy market amid the COVID-19 crisis. The West Texas Intermediate (WTI) for July delivery...
WorldNews - Published

Oil falls on U.S.-China tensions over Hong Kong

Oil prices fell on Wednesday after U.S. president Donald Trump said he was working on a strong response to China's proposed security law in Hong Kong.
Reuters India - Published

Hong Kong unrest worries curb global shares rally

Unrest in Hong Kong over Beijing's proposed national security laws weighed on global shares and oil prices on Wednesday, offsetting optimism about the re-opening of the world economy.
Reuters India - Published

Better Malaysia-India ties to boost crude palm oil prices - MPOB

Crude palm oil prices may rise to 2,300-2,400 ringgit ($528.37-$551.34) per tonnne in the coming months as Malaysia's relationship with top importer India improves, industry regulator the Malaysian..
Reuters India - Published

Oil slips on demand worries, Hong Kong tensions

Oil prices fell on Wednesday on revived concerns over how quickly fuel demand will recover even as coronavirus lockdowns begin to ease in many countries, while U.S.-China tensions added to negative..
Reuters India - Published

Oil prices rise as faith in supply cuts grows

Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks up with coronavirus restrictions easing.
Reuters India - Published

Oil prices climb as faith grows that suppliers will meet pledge to cut output

Oil prices rose on Tuesday, supported by growing confidence in the market that producers will come good on commitments to cut crude supply while demand picks up with more cars back on the road as..
Reuters India - Published

Oil prices rise on supply cut hopes, easing of coronavirus lockdowns

Oil prices climbed on Tuesday, boosted by increasing faith in the market that producers will to stick to commitments to cut crude supply while demand picks up with more cars back on the road as..
Reuters India - Published

Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease

Oil prices rose on Tuesday on clear signs that producers are sticking to commitments to cut crude supply as more cars get back on the road with coronavirus lockdowns easing around the world.
Reuters India - Published

Oil steadies as demand uncertainty tempers supply cuts

Oil prices, which have been driven higher for the past four weeks, were steady on Monday, with holidays in Singapore, London and New York dampening trade, as rising concerns over demand recovery offset..
Reuters India - Published

Iran's Zanganeh says hard to predict oil prices as demand unclear - radio

Iran's oil minister said on Monday it was difficult to forecast crude prices amid uncertainties over prospects for demand, Iranian state radio reported.
Reuters India - Published

Oil gains as coronavirus lockdowns ease, boosting hopes for demand pickup

Oil prices rose on Monday, erasing earlier losses, as countries around the world continued to ease lockdown measures imposed to combat the coronavirus pandemic, boosting hopes for a recovery in fuel..
Reuters India - Published

China's 'hermit' investors fill doubled oil storage with crude bet

Chinese financial investors betting on a rebound in oil prices are filling commercial storage tanks held by the Shanghai futures exchange just as fast as the exchange can find them.
Reuters India - Published

Hong Kong tensions rattle world stock markets, oil tumbles

Oil prices tumbled and global equity markets fell on Friday as China's move to impose a new security law on Hong Kong further strained U.S.-China relations and clouded economic recovery prospects.
Reuters India - Published

Oil falls on China-U.S. tensions, energy demand doubts

Oil prices tumbled about 2% on Friday on rising U.S.-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis.
Reuters India - Published

Oil prices drop as China-U.S. tensions grow, Beijing fails to set economic growth target

Oil prices fell on Friday as tensions rose between the U.S. and China and as Beijing failed to set target for economic growth this year, stoking concern that the coronavirus pandemic will overshadow..
Reuters India - Published

Oil drops after China abandons target for 2020 GDP amid coronavirus outbreak

Oil prices slumped on Friday after China's decision to omit an economic growth target for 2020 renewed concerns that the fallout from the coronavirus pandemic will continue to depress fuel demand in..
Reuters India - Published

Oil prices, gasoline demand climb as countries ease coronavirus curbs

Oil prices were on the rise on Friday, heading for a fourth straight week of gains, amid more evidence that fuel demand is recovering as countries ease business and social restrictions that were..
Reuters India - Published

UAE banks risk rise in bad loans after virus 'triple whammy'- S&P

United Arab Emirates banks are at risk from a spike in bad loans over the next one to two years as the oil-producing economy is hit by a "triple whammy" of a slump in oil prices, lower economic..
Reuters India - Published

Global Markets: Shares lose footing, oil marches on

Equity markets slipped on Thursday on concerns about the long-term impact of the new coronavirus and simmering U.S.-China tensions, though those worries couldn't stop oil prices from marching to a..
Reuters India - Published

Oil prices rise to highest since March after U.S. stock drawdown

Oil prices rose on Thursday to their highest since March, as a drawdown of U.S. crude inventories and output cuts by major producers helped ease concerns about a supply glut, offsetting fears over the..
Reuters India - Published

Sellers beware: Price collapse triggers bartering over oil and gas deals

The collapse in oil prices to 21-year lows has led potential buyers of oil and gas fields to try and renegotiate deals already agreed at higher prices, with the first examples emerging of sellers..
Reuters India - Published

Oil prices climb as U.S. stock drawdown eases supply glut fears

Oil prices advanced on Thursday as a drawdown of U.S. crude inventories and output cuts by major producers helped ease concerns about a supply glut, though lingering fears over the global economic..
Reuters India - Published



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