Recent Highlights
All Stories for Us Crude
Brent oil futures plunge again as growing glut feeds market panic; coronavirus pandemic obliterates fuel demand
• 5 years agoTuesday set a new milestone as more than 2 million contracts for US crude for delivery in June changed hands, the busiest day in history, according to exchange operator CME Group
Hunt for storage space turns urgent as oil glut grows, flips US crude prices negative for first time
• 5 years agoIn addition to the onshore glut, there are about 160 million barrels of oil sitting on tankers waiting for buyers.
Gold prices slip after rising 1% in previous session as dollar firms up; weak equities cap losses
• 5 years agoSpot gold eased 0.2 percent to $1,689.45 per ounce by 0031 GMT, while plummeting US crude oil prices increased bullion’s safe-haven appeal on Monday.
Oil prices rebound: US crude futures show modest rise from $0 a barrel, but gains capped on demand concerns
• 5 years agoOil prices have skidded as travel restrictions and lockdowns to contain the spread of the coronavirus curbed global fuel use, with demand down 30 percent worldwide. That has resulted in growing crude stockpiles with storage space becoming harder to find.
Stock Market Latest Updates: Sensex soars over 1,400 points, Nifty above 8,600-mark at close; IndusInd Bank zooms over 45%
Fp Staff • 6 years agoStock Market LIVE Updates: Sensex up 300 points, Nifty opens above 8,400-level in opening trade; Rupee opens flat
Crude climbs after White House comments on intervention in price war between Saudi Arabia, Russia
• 6 years agoUS crude and global benchmark Brent have both collapsed about 40 percent in the last two weeks since talks between the Organization of the Petroleum Exporting Countries and its allies, including Russia, broke down which led Saudi Arabia, the world’s biggest oil exporter, to ramp up supply
Stock Market Today LIVE Updates: Sensex down 581 points, Nifty dips 205 points at close; all sectoral indices in red
Fp Staff • 6 years agoStock Market Today LATEST Updates: Sensex was down 581.28 points or 2.01 pecent at 28288.23, while Nifty was down 205.35 points or 2.42 percent at 8263.45.
Stock Market Today LIVE Updates: Yes Bank shares jump nearly 100% in 3 days; private lender to hold press conference today
Fp Staff • 6 years agoYes Bank shares jump nearly 100% in 3 days; private lender to hold press conference today
Stocks plunge, dollar battered as Fed's emergency cut spooks investors; steps by global policymakers fail to stem market rout
• 6 years agoThe US Federal Reserve cut interest rates by 100 basis points on Sunday to a target range of 0 percent to 0.25 percent.
Oil prices fall a third day; Brent crude heading for worst week since 1991 as plunging demand from virus outbreak grips market
• 6 years agoOil prices were also impacted by record declines in equity markets with Japan’s Nikkei 225 falling by 10 percent on Friday after US markets fell by the most since Black Monday in 1987 on Thursday