Oil prices rise to $98.32 as Russia declares war on ukraine
Oil prices gained on reports of cyberattacks on several Ukrainian state websites added to fears about escalating tensions with Russia.
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Tag: Russia
Global Markets Weekly Review – Week 52, 2020
Russian stocks declined early in the week amid worsening sentiment toward riskier asset classes and on news that the U.S. ...
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Oil Holds Near $42 As Investors Weigh Demand Against Virus
Oil capped its seventh weekly gain in eight on Friday with traders Vitol Group and Trafigura Group saying global demand ...
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Oil Slides Further to Near $32 as Russia and Saudi Plan Cuts From July
Oil’s rally started to falter Wednesday after Moscow signaled that it wanted to scale back supply cuts pledged under the ...
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WGC Forecasts Modest Growth for Gold Demand in Q1.
Gold demand will continue to feel the effects of COVID-19 for the rest of 2020. In particular, the divergence between ...
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Oil Swings Wildly After Index Bails Out of June Contract
While the market is being hit by financial flows, Russia warned that there will be no quick fix to low ...
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Oil Price War Ends as OPEC+ Agree on Deal to Cut Production
The world’s top oil producers pulled off a historic deal to cut global crude output and put an end to ...
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Oil further declines to levels last seen in 2008.
The slump in oil may make recovery of global markets even harder as the Corona-Virus pandemic continues to hit markets ...
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The mother-of-all oil market busts is here: Say what? 28% decline at open?
The mother of all busts is unfolding in the oil market. WTI crude is already down 37% since the January ...
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