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...
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now:
U.S. daily deaths top 3,250
The United States on Wednesday crossed an...
UK PM Johnson warns EU over Brexit trade talks: back down or it’s no-deal
British Prime Minister Boris Johnson warned the European Union on Wednesday it must scrap demands which he says are unacceptable if there is to be a Brexit trade deal...
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.
European shares look to Brexit trade talks for direction
European shares were little changed on Tuesday, as hopes of a Brexit trade deal faded amid a last-ditch attempt to find a solution, while rising coronavirus cases spurred talks...
Dollar near 2018 lows as traders eye more US stimulus; sterling sheds 1%
The U.S. dollar index remained near Friday’s two-and-a-half-year low on Monday after weak U.S. jobs data heightened expectations of economic aid, while sterling sank as Britain and the European...
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...
Oil moves up towards $50/barrel after OPEC+ supply compromise
Brent crude oil futures rose to just under $50 a barrel on Friday as major producers agreed on a compromise to increase output slightly from January but continue the...
U.S. job growth slows sharply; long-term unemployment rises
The U.S. economy added the fewest workers in six months in November, hindered by a resurgence in new COVID-19 cases that, together with a lack of more government relief...
