Oil prices rose on Wednesday, recovering a measure of sharp losses from the prior session, although fears of a global recession and signs of another major build in U.S. inventories kept gains limited. Crude prices have fallen into a holding…
Tag: Exporting
European stock markets pushed higher Friday, with investors attempting to maintain January’s positive tone amid concerns about slowing economic growth and tight monetary policy. At 04:10 ET (09:10 GMT), the DAX index in Germany traded 0.3% higher, the CAC 40…
Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely offset positive supply-side signals from a bigger-than-expected draw in crude inventories. A growing number of Wall Street banks warned of…
Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest…