Sunday 5 April 2020

Oil skids on oversupply fears, stocks jump on virus slowdown

Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a slowdown in coronavirus-related deaths and new cases.


from Reuters: Business News https://ift.tt/2x8Uy8u

No comments:

Post a Comment

3 major hurricanes in the last 13 months did billions of dollars of damage to Florida's farmlands — and that was before Milton

A large fallen tree pins down power lines in Ellenton, Florida, in the aftermath of Hurricane Milton. ASSOCIATED PRESS Hurricane Milton...