Oil retreats from 9-month high as COVID-19 surge stokes demand fears
Oil prices eased on Friday but stayed within touching distance of nine-month highs hit in the previous session as soaring COVID-19 cases weigh on fuel demand and U.S. lawmakers...
Global stocks gain on stimulus, Brexit hopes
Global stocks scaled new peaks on Thursday, fueled by growing optimism that deals will be reached over a fresh U.S. stimulus package and a post-Brexit trade deal between the...
Oil prices rise on vaccine optimism and weaker dollar
Oil prices edged higher on Wednesday on a weakening dollar and progress on the rollout of COVID-19 vaccines, though gains were capped by a surprise gain in U.S. crude...
Asian stocks dip to one-week lows as infection fears curb vaccine optimism
Asian stocks retreated on Tuesday as worries about increasing COVID-19 deaths and lockdowns overshadowed optimism about the roll-out of coronavirus vaccinations, just days after indexes hit record highs.
Stocks hold out hope for vaccine-led recovery, U.S. stimulus
Stocks began a busy week with guarded gains as investors gauged the chance of added U.S. fiscal and monetary stimulus, while the British pound rose in relief as a...
Oil set for weekly gain amid coronavirus vaccine progress
Oil prices eased on Friday, but were set for a sixth week of gains as progress towards novel coronavirus vaccination programmes fed hopes that demand for fuel would rebound...
Oil rises above $49 as vaccine release spurs demand hopes
Oil rose above $49 a barrel on Thursday as hopes of a faster demand recovery after the release of COVID-19 vaccines offset a huge rise in U.S. crude inventories...
Russia says OPEC+ decision to help budget plan, possibly boost sovereign wealth fund
Finance Minister Anton Siluanov said on Wednesday that the decision by OPEC+ last week to gradually increase oil output would help Russia to fulfil its budget revenue plan and...
Oil dips as COVID cases, lockdowns outweigh vaccination news
Oil prices fell on Tuesday, adding to the previous session’s losses after California tightened its pandemic lockdown through Christmas and coronavirus cases surged in the United States and Europe.
Asian shares ease from record high; oil falls on virus case surge
Asian shares retreated from a record peak on Monday after a Reuters report the United States was preparing to impose sanctions on some Chinese officials highlighted geopolitical tensions, while...
