Why The Oil Rout Has Spread

This month’s big fall in the price of oil should be good news for much of the world’s economy. But so far markets have been telling a different story.

Topics:  oil   
BING NEWS:
  • Wall Street declines ahead of US data; dollar faces heat from yen, yuan
    Wall Street's main indices kicked off the week on a lower note. Market participants are hoping that Friday's US prices data will back investor bets for a June interest rate cut by the Federal Reserve ...
    03/25/2024 - 6:52 am | View Link
  • Technical Stock Pick: Why investors can go long on RIL post recent dip, Shilpa Rout explains
    If the momentum continues, short-term traders can look to buy the stock for a possible target of 3300 in the next 3-4 weeks, suggest experts.
    03/21/2024 - 7:15 pm | View Link
  • Class 3 boy slips on hot oil in SoBo school, suffers 15% burns
    A class 3 student at St Mary’s School in Mazgaon suffered burn injuries from hot oil, receiving treatment at Masina burns hospital. The incident invol ...
    03/21/2024 - 4:54 pm | View Link
  • Petrobras Bondholders Left Unscathed After $12 Billion Equity Rout
    For every barrel of oil that Petrobras sells, about $2 goes toward debt interest payments, while Colombian producer Ecopetrol SA pays about $2.50. Petroleos Mexicanos, the world’s most indebted oil ...
    03/20/2024 - 2:24 am | View Link
  • Cash-for-query case: Lokpal orders CBI to probe Mahua Moitra, submit report in 6 months
    Lokpal on Tuesday ordered the Central Bureau of Investigation (CBI) to probe Trinamool Congress leader Mahua Moitra under Section 20(3)(a) .
    03/19/2024 - 5:38 am | View Link
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