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Oil up 2% chasing China story on eve of PMI data, U.S. inventories
Investing.com via Yahoo Finance Canada· 1 year agoCrude prices settled up 2% Tuesday on heady bets that China will soon unveil numbers showing runaway demand for oil as the world’s largest importer of the commodity makes a clean break from ...
Oil Jumps; OPEC Cuts-Scare Fills Void of Iran Deal in the Works
Investing.com via Yahoo Finance Canada· 2 years agoBy Barani Krishnan Investing.com -- The oil market is witnessing a tug of war between two narratives -- the Saudis (bull) and the Iranians (bear). At the moment, the Saudi narrative is winning ...
Oil sinks 5% as Moodys banking downgrade drops another shoe on crisis
Investing.com via Yahoo Finance Canada· 1 year agoThe assurance of authorities that all’s well and dandy on the U.S. banking front hasn’t won the confidence of Moody's, which downgraded the sector on Tuesday, sending crude prices down almost ...
FTSE posts gains after briefly surpassing 8,000 mark for first time
PA Media: Money via Yahoo Finance Canada· 1 year agoLondon’s top index of firms surpassed the 8,000-point mark for the first time on Wednesday as the...