Breaking news
Tourists will be allowed to travel freely across the EU by the middle of July, as the government plans to water-down its travel quarantine policy ‘as quickly as possible’. Boris Johnson wants to agree a cross-EU exemption, which would allow Britons to visit EU countries without having to isolate for 14 days. This comes after … Read more
The price of U.S. oil crashed into negative for the first time in history Monday as demand dries up and producers effectively pay buyers to take barrels off their hands. In the latest never-before-seen number to come out of the economic coma caused by the coronavirus pandemic the cost to have a barrel of U.S. crude … Read more
Traders fled from the expiring May US oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude. May US crude futures plunged to a … Read more
Dow drops 140 points as doubts grow over Trump’s promise of an oil price deal between Saudi Arabia and Russia Wall Street stocks opened down on Friday after rising 2% the day prior Doubts returned over whether a Saudi-Russia deal on oil prices would occur Their price war has sent oil prices plummeting amid plunge in … Read more
Wall Street rallied on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut in oil output drove gains, taking some sting out of a shocking jump in Americans filing jobless claims due to coronavirus-led lockdowns. At the closing bell, The Dow Jones Industrial Average was up 469.93 points, … Read more
FTSE climbs slightly by 0.63% up 35 points to 5,489 amid hopes that worst of coronavirus outbreak may have passed for China FTSE 100 index of Britain’s biggest firms rises 35 points or 0.63% to 5,489 today But investors are still fearful of long-term impact of the pandemic and lockdown It follows sharp drop on … Read more