Post Tagged with: "financial markets"

WTI crude oil futures prices fell below zero because of low liquidity and limited available storage

WTI crude oil futures prices fell below zero because of low liquidity and limited available storage

EIA


On Monday, April 20, 2020, New York Mercantile Exchange (NYMEX) West Texas Intermediate (WTI) crude oil front-month futures prices fell below zero dollars per barrel (b)—at one point, trading at -$40.32/b (Figure 1)—and remained below zero for part of …

Europe Markets: European equities log worst week since 2008 as coronavirus worries ramp up

Europe Markets: European equities log worst week since 2008 as coronavirus worries ramp up

European stocks rose Friday, rebounding from an historic losing day Thursday, as more government support appeared for hard-hit economies in the region, while several exchanges banned short selling of hard-hit Spanish and Italian equities.

March 14, 2020 - 7:36 am Economy, International, Press Releases
Source: CNBC

Here’s why financial markets are tanking around the world

CNBC


A group of oil-producing nations known as OPEC failed to reach a deal with its allies over oil output cuts following a meeting in Vienna on Friday. This led OPEC kingpin Saudi Arabia to slash its official selling prices

Brent Oil in Bear Market as China-U.S. Trade Tensions Mount

Brent Oil in Bear Market as China-U.S. Trade Tensions Mount

From Reuters


Oil prices fell more than 1% on Tuesday, with Brent crude settling near seven-month lows below $60 a barrel as trade tensions between the U.S. and China intensified worries about weakening global demand.

During the session, Brent traded …