SINGAPORE / WASHINGTON (Reuters) – Asian stock markets fell on Tuesday, oil sank and a security offer supported the dollar as tensions between China and the US and new coronavirus restrictions in California maintained a control over investor optimism as the earnings season begins. FILE PHOTO: An SGX sign is …
Read More »Exclusive: United States screws the maritime industry to cut Venezuela’s oil
LONDON / WASHINGTON (Reuters) – Several companies that certify that ships are in a position to sail and ship insurers have withdrawn services to oil tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the Latin American country. FILE PHOTO: …
Read More »OPEC meeting worries oil investors
Text size Joe Klamar / AFP via Getty Images OPEC + and its allies may be ready to start pumping more crude, and that prospect is sending shivers through the oil markets. Oil prices fell on Monday. Brent crude futures, the global benchmark, fell 1% to $ 42.80 a barrel …
Read More »Oil mixed in tighter supply, increase in US virus cases.
LONDON (Reuters) – Oil prices mixed on Monday, with Brent crude rising, backed by tighter supplies and positive economic data, while US benchmark WTI futures fell on concerns that a Increase in coronavirus cases could curb demand for fuel in the United States. FILE PHOTO: The sun sets behind a …
Read More »Shares rise to four-week highs as investors bet on China’s recovery
LONDON (Reuters) – Global stock markets rose to four-week highs and the Chinese yuan headed for its best day against the dollar since December on Monday, as investors saw a resurgence in China to boost global growth, even when the growing cases of coronavirus delayed business. -opens in the United …
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