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    US oil price plunges to zero as demand collapses; stocks dip

    20 Apr 2020

    Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders don’t want to get stuck owning crude with nowhere to store it.

    Global stocks take a breather as oil prices regain ground

    22 Apr 2020

    Stocks around the world climbed on Wednesday, and the S&P 500 surged toward its first gain of what’s been a dismal week.

    Petronas raises $6 billion by first bond sale in five years

    15 Apr 2020

    Malaysia’s Petronas said on Wednesday it raised $6 billion by a multi-tranche senior bond offering, the state oil company’s first such sale in five years.

    BP to sell Alaskan properties to Hilcorp Energy for $5.6 billion

    28 Aug 2019

    LONDON: British oil major BP agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years. The deal, which includes interests

    Business expectations improve to 17-month high in Saudi Arabia

    12 Jul 2022

    The latest PMI data from S&P Global signalled a robust improvement in business conditions across Saudi Arabia’s non-oil private sector economy in June.

    United States and Japan agree to further strengthen economic ties

    12 Jul 2022

    US Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki agreed on Tuesday to work together to address rising food and energy prices,

    Euro drops to dollar parity as eurozone recession fears mount

    12 Jul 2022

    The euro struck parity with the dollar for the first time in nearly 20 years on Tuesday as a cut in Russian gas supplies to Europe heightened fears of a recession in the eurozone.

    Opec forecasts slower 2023 oil demand growth

    12 Jul 2022

    Opec expects global oil demand to rise in 2023 but at a slower pace than 2022, the producer group said in its first forecast for next year, citing still robust economic growth

    Oil prices fall as trade wars fan fears of economic slowdown

    03 Jun 2019

    Oil prices fell by around 1% on Monday, extending losses of over 3% from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears

    Indian shares close at over 1-month high on bank, auto boost

    19 Jul 2022

    Indian shares closed at a more than one-month high on Tuesday as banking and auto companies gained, while the rupee recovered after breaching 80 against the dollar.

    292 Results