• Oil drops for a 13th straight day as analysts warn it could drop below $50

    1 month ago - By Business Insider

    Oil prices remain under pressure and look set to extend their losing streak into a 13th day.
    Prices dropped as much as 7% on Tuesday after US President Trump again pushed back against Saudi Arabia's plans to increase production.
    Analysts fear that the price per barrel of oil could fall below $50.
    You can track oil prices live at Markets Insider.
    Oil prices remain under the pump on Wednesday following the commodity's worst single day of trading in several months, as global fears surrounding demand worry investors.
    By around 8.50 a.m. in London , the price of West Texas Intermediate, the US...
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  • Oil struggles to find footing after 7 percent slide as outlook darkens

    Oil struggles to find footing after 7 percent slide as outlook darkens

    1 month ago - By Reuters

    Oil struggled to find its footing on Wednesday after plunging 7 percent the previous session, with surging supply and the specter of faltering demand scaring off investors.
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  • 10 things you need to know in markets today

    10 things you need to know in markets today

    1 month ago - By Business Insider

    Good morning! Here's what you need to know in markets on Wednesday.
    1. Oil prices extended a slide on Wednesday on the back of worries about weakening world demand and oversupply , while global shares sagged as energy sector strains heightened anxiety about a slow down in the global economy. US crude futures dived 7% the previous day, suffering their biggest one-day loss in more than three years. Brent crude futures lost 0.3% to $65.28 a barrel as of 7:40 a.m. in London.
    2. Theresa May's proposed Brexit deal has the potential to break up the United Kingdom because it will treat Northern...
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  • Oil extends 7 percent slide as outlook darkens

    1 month ago - By Reuters

    Oil markets fell again on Wednesday, extending losses from a 7 percent plunge the previous session as surging supply and the specter of faltering demand scared off investors.
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  • Oil extends slide from 7 percent slump the day before as outlook darkens

    1 month ago - By Reuters

    Oil markets slipped again on Wednesday, extending losses from a 7 percent plunge the previous session as surging supply and the specter of faltering demand scared off investors.
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