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US crude oil dives 6% to fresh one-year low as stock market slidesOil fell on Tuesday, folding under the weight of a broad stock market sell-off that undercut support to prices earlier in the day from expectations that OPEC will introduce new output curbs. For countries like India and China great news. Now trade will be emerging markets positive. Hmmm. News worthy story: why gasoline costs the same at the pump at $56 a barrel as when oil traded for $90. GasGouging
Source: CNBC - 🏆 12. / 72 Read more »
U.S. stock futures, oil prices up after market meltdown Tuesday
Source: MarketWatch - 🏆 3. / 97 Read more »
Stock-market investors wrestle with a glut of bearish signs as oil prices plungeWhat the heck happened to oil prices? But more significantly, what does it mean for the broader stock market and the global economy? Pure and utter political market manipulation. Business as usual in the oil pits...
Source: MarketWatch - 🏆 3. / 97 Read more »
What plunging oil prices may be telling us about the stock market and global economyWhat the heck happened to oil prices? But more significantly, what does it mean for the broader stock market and the global economy? That is is about to crash. Thanks for reading.
Source: MarketWatch - 🏆 3. / 97 Read more »
Why the stock market is obsessed with oil pricesStock traders see the oil market as a sort of recession barometer, with crude volatility amplifying hopes and fears about Fed policy, U.S.-China trade relations and economic growth.
Source: CNBC - 🏆 12. / 72 Read more »