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A trader wearing a face mask to protect against the coronavirus follows the market at Kuwait's stock exchange

Saudi Stocks Lead Gulf Bourses Down After Oil Slump

Saudi stocks lead Gulf bourses down after oil slump

Devastating Oil Glut Sends Prices Into Negative, Wall Street Down

With billions of people in lockdown, global cities have become ghost towns, though some governments are considering a slow easing of restrictions as infection and death rates ease

Devastating oil glut sends prices into negative, Wall Street down

Oil Prices Drop To Record Low, Negative Territory Amid Coronavirus Pandemic Woes

The International Energy Agency still sees the global oil market still being in surplus early next year despite additional production cuts by OPEC and its allies

The May contract, which expires Tuesday, settled at a negative $37.63, meaning producers might need to pay to get rid of crude.

Under pressure: the coronavirus crisis has 'historic shock' for the oil market according to OPEC

OPEC Says Oil Market Undergoing 'Historic Shock'

OPEC says oil market undergoing 'historic shock'

More news

Iraq is OPEC's second-biggest oil producer

OPEC, Allies Agree To Historic Output Cuts To Shore Up Oil Prices, But Some Analysts Skeptical

OPEC and its allies agreed to cut daily oil production by 9.7 million barrels

Monday's Stock Market Open: US Equities Fall Despite OPEC Oil Output Cut Deal

U.S. stocks fell on Monday despite an agreement by OPEC and its allies to cut production.

Oil prices have slid to near two-decade lows, hit by the virus and a Saudi-Russia battle for market share

Oil Prices: Trump Promotes OPEC, Russia Deal On Output As Mexico Offers Support

Mexican President Andres Manuel Lopez Obrador was originally hesitant about the deal.

Mexico President Andres Manuel Lopez Obrador (center) has come under fire for his handling of the coronavirus outbreak due to his reluctance to take measures that would hurt the country's economy

Mexico Says Reached Deal With Trump To Cut Crude Output

Mexico says reached deal with Trump to cut crude output

Oil prices are sitting around two-decade lows, hit by the virus and a Saudi-Russia battle for market share

Top Oil Producers Except Mexico Agree To Output Cuts: OPEC

The agreement, which also reduces production by eight million bpd from July to December, depends on Mexico's consent for it to take effect, the oil cartel said.

Thursday's Stock Market Close: US Equities Rise As New Fed Lending Scheme Outweighs Jobless Claims Data

U.S. stocks rose on Thursday as 6.6 million Americans filed for unemployment last week, although the Fed has taken new steps to support the economy.

Crude oil prices collapsed to 18-year lows last week owing to a price war between Saudi Arabia and Russia

Saudi Arabia, Russia Agree To Oil Output Cuts To Try To Bolster Crude Prices

Saudi Arabia and Russia have agreed to reduce oil production to halt the plunge in prices

Thursday's Stock Market Open: US Equities Rise As Fed Lending Program Overshadows Huge Jobless Claims Data

U.S. stocks rose on Thursday as 6.6 million Americans filed for unemployment last week, although the Fed takes steps to support economy.

Looking for things to be optimistic about

Wall Street Rally Fades As Markets Weigh Latest On Virus

Wall Street rally fades as markets weigh latest on virus

Oil prices have fallen sharply since expectations for a quick deal to cut output levels were dashed

Oil Prices Rebound On Hopes For Output Cut Deal

Oil prices rebound on hopes for output cut deal

Billions of people around the world are in lockdown to limit the spread of the coronavirus, which has put a huge strain on the global economy

Stocks Surge On Hopes For Easing Virus Crisis

Stocks surge on hopes for easing virus crisis

Monday's Stock Market Close: US Equities Rally On Hopes Coronavirus Death Rates Have Peaked

U.S. stocks rose on Monday as coronavirus death rates peak in Europe

Monday's Stock Market Open: US Equities Surge As Coronavirus Death Rates In Europe Slip, But Oil Falls

U.S. stocks rose on Monday as coronavirus death rates peak in Europe

With billions of people around the world in lockdown for the foreseeable future, there are increasing worries about the impact on the global economy, which is already expected to fall into recession

Oil Price Barrels Ahead As OPEC Flags Meeting

Oil price barrels ahead as OPEC flags meeting

Oil Rockets As Trump Signals End To Price War

Oil rockets as Trump signals end to price war

Oil moving by tanker through the Strait of Hormuz accounts for a fifth of the global total, which means a conflict in the region could cause havoc with supplies and turmoil in markets

Coronavirus Economic Impact: World Could Run Out Of Storage Space As Oil Demand Plummets

Coronavirus has caused a precipitous drop in both oil demand and prices.

Oil-dependent Gulf economies stand to benefit from rising crude prices as tensions rise with Iran, but their exports are vulnerable to attack

Falling Crude Prices Will Hurt Developing Country Oil Producers

OPEC-IEA said low oil prices will hurt the economies of oil producers that are not yet high-income states

Oil behemoth Saudi Aramco has made a series of moves in recent days to boost its output amid a price war with Russia

Saudis To Boost Oil Exports To 10 Mn Barrels Per Day

Saudis to boost oil exports to 10 mn barrels per day

The rapid spread of the outbreak has led to the cancellation of a number of sporting events and forced some football matches to be played behind closed doors

Dow In Bear Market As Global Rout Deepens On Coronavirus Fears

Dow in bear market as global rout deepens on coronavirus fears

Tuesday's Stock Market Close: US Equities Rally In Late Trading, Dow Jumps 1,167, Oil, Yields Surge

U.S. stocks closed higher in a volatile trading session on Tuesday one day after historic losses.

Russia is 'not closing doors' to OPEC talks

Russia Reaches Out To OPEC As Riyadh Opens Oil Taps

Russia reaches out to OPEC as Riyadh opens oil taps

Monday's Stock Market Close: US Equities Plunge, Dow Drops 2,000, In Market’s Worst Day Ever

U.S. stocks plunged on Monday after oil prices plummeted as OPEC failed to agree on production cuts.

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