According to Business Insider, Trump’s Iran sanctions fail to diminish oil supply fears. Oil prices dropped below $70 a barrel for the first time since April, having reached as high as $86 last month, on the back of trade fears and waning growth. Brent now sits at $69.68, down 1.8%. Expectations...
Reuters reports that oil prices plunged 7 percent on Tuesday. This on persistent concerns of oversupply and weakening global demand. The fall caused Wall Street stocks to reverse early gains that were..
Oil prices fell to multi-month lows on Friday as global supply increased and investors worried about the impact on fuel demand of lower economic growth and trade disputes. Julian Satterthwaite reports.
SHANGHAI (Reuters) - Asian shares jumped to three-week highs on Friday and U.S. equity futures rebounded on a report that U.S. President Donald Trump has asked officials to draft terms for a potential..