• War between Iran & Saudi Arabia could send oil to $300 per barrel & impoverish the world

    8 days ago - By RT

    An armed conflict between Riyadh and Tehran would have a major impact on oil markets and the global economy. RT asked experts what a war between the two Middle East superpowers would mean for crude prices.
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  • Global shares fall, tracking Wall St, drop in oil prices

    Global shares fall, tracking Wall St, drop in oil prices

    8 days ago - By Stl Today

    TOKYO - Shares fell in early European trading Wednesday after a bleak day in Asia, as sinking crude oil prices weighed on oil producers and other energy stocks. Investors are awaiting U.S. inflation data and watching developments on U.S...
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  • Asian shares fall, tracking Wall St, drop in oil prices

    Asian shares fall, tracking Wall St, drop in oil prices

    8 days ago - By Chron

    TOKYO - Shares fell in Asia on Wednesday, with Japan's Nikkei 225 index slumping 1.6 percent after a lackluster GDP report for July-September. The region's markets tracked modest losses overnight on Wall Street, where the biggest drop in crude oil prices since October weighed on oil producers and other energy stocks.
    KEEPING SCORE: The Nikkei 225 ended at 22,028.32, as manufacturers' shares also were hurt by a stronger yen. Hong Kong's Hang Seng lost 0.7 percent to 28,946.87 and the Shanghai Composite index also lost 0.8 percent to 3,403.53. Australia's S&P ASX 200 fell 0.6 percent to...
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  • Asian stocks skid as oil woes sap sentiment, euro stands tall

    8 days ago - By Reuters

    TOKYO - Asian stocks stumbled on Wednesday after weaker crude oil prices took a toll on Wall Street, while the euro kept big gains after enjoying a boost from robust German economic growth.
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  • Crude-oil prices weigh on the market

    8 days ago - By Philly

    Energy companies led U.S. stocks modestly lower Tuesday, erasing the small gains the market made a day earlier.
    The biggest drop in crude oil prices since October weighed on oil producers and other energy stocks. Disappointing results or outlooks from retailers and other companies also weighed on the market.
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