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The oil price collapse prompted top producers to tighten the taps to stop haemorrhaging crude revenues

Why Has OPEC-led Deal Failed To Energise Oil Prices?

Why has OPEC-led deal failed to energise oil prices?

US Stocks Mostly Fall As Oil Prices Gyrate On OPEC Deal

Oil producers thrashed out a compromise deal on Sunday to cut production by nearly 10 million barrels per day from May

US stocks mostly fall as oil prices gyrate on OPEC deal

Monday's Stock Market Close: US Equities Finish Mixed As Traders Nervously Await Earnings Season

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

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

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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.

OPEC's Oil Price Strategy In Tatters After Russia Snub

OPEC's oil price strategy in tatters after Russia snub

Monday's Stock Market Open: US Equities In Historic Plunge As Oil Price Shock Roils Global Markets

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

The collapse in oil pricesÂ could have far-reaching consequences, observers warn, from battering revenuesÂ in energy-dependent countries, to triggering the cancellation of oil exploration projects and even sparking global deflation

Oil Plunges Most Since Gulf War On Saudi-Russia Standoff, Virus

Oil plunges most since Gulf War on Saudi-Russia standoff, virus

As the deadly coronavirus disease claims more lives around the world dealers are fleeing out of riskier assets and into safe havens

Coronavirus Update, March 09: Here's What You Need To Know Today

COVID-19 has so far infected more than 110,000 people worldwide and killed more than 3,800, and it's now threatening to create pandemonium across the world economy.

The declines on Wall Street come as US companies raise concerns over the impact of the coronavirus, including less spending from tourists and supply chain problems

Stock Market Futures: Dow, S&P 500, Nasdaq Plunge On Crude Oil Price Wars

Investors fled en masse into Treasuries and gold as futures on the Dow Jones Industrial Average plummeted a dizzying 1,198 points, implying an opening loss of 1,246.78 points.

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