Global Stocks Up On $2trn US Relief Package   A Wall Street rally powered global gains in stocks on Thursday despite a record number of new unemployment filings in the United States, as traders focused on the unanimous passage of a $2tn coronavirus relief bill in...

US, China trade dispute Crashes Crude Oil Price to $60 Crude oil price Monday headed for its biggest one-day drop to $60 per barrel in a month as a result of evidence of yet more growth in US crude supply, apart from US and China...

US, 2 Others crash oil prices Oil prices fell on Friday as surging output by the world’s three largest producers, United States, Russia and Saudi Arabia, outweighed supply concerns from the start of U.S. sanctions next week against Iran’s petroleum exports. Front-month Brent crude futures were...

Iran’s Supply Deficit Jacks up Oil Prices Oil prices rose by nearly 1 percent on Thursday, driven by the prospect of a shortfall in global supply once U.S. sanctions against major crude exporter Iran come into force in just five weeks’ time. U.S. President Donald Trump...

Oil Prices Rise on Iran sanctions US demands that importers stop buying Iranian oil saw prices surge following fears of a global shortage, but a potential trade war with China appears to have steadied the market. Prices for Brent crude futures LCOc1 stands at 76.65 dollars...

Bankruptcy Hits Cambridge Analytica Cambridge Analytica, the firm at the centre of this year’s Facebook privacy row, filed for voluntary Chapter 7 bankruptcy in a New York court late on Thursday. Cambridge Analytica LLC listed assets in the range of $100,001 to $500,000 and liabilities...