Europe: Stocks open lower on sub-zero oil

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

[LONDON] European stocks opened down Tuesday after US oil prices ducked below zero overnight for the first time as the coronavirus crisis wipes out global crude demand and sparks a vast supply glut. Read more at The Business Times.

London's benchmark FTSE 100 index of major blue-chip companies dived 1.4 per cent to 5,728.99 points.[LONDON] European stocks opened down Tuesday after US oil prices ducked below zero overnight for the first time as the coronavirus crisis wipes out global crude demand and sparks a vast supply glut.

London's benchmark FTSE 100 index of major blue-chip companies dived 1.4 per cent to 5,728.99 points, Frankfurt's DAX erased 1.7 per cent to 10,487.41 points and the Paris CAC 40 shed 1.4 per cent to 4,463.56 compared with Monday's closing levels. At the same time, US benchmark West Texas Intermediate for May delivery rebounded above zero on Tuesday, changing hands at US$1.67 a barrel after closing at -US$37.63 in New York."Ever thought that it could be imaginable to see the price of US oil valued at less than a pizza? Or even a slice of pizza? How about for it to actually cost to sell US crude?" said Jameel Ahmad, global head of currency strategy and market research at trading firm FXTM.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 15. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Europe: Stocks mostly ahead at open[LONDON] European stocks mainly rose Monday at the opening bell, as investors remained cautious over the deadly coronavirus pandemic, dealers said. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »

Hong Kong: Stocks finish lower[HONG KONG] Hong Kong stocks closed with small losses Monday following recent gains, with traders shrugging off a strong lead from Wall Street and signs that the rate of new coronavirus infections globally is easing. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »

Australia: Shares end lower with energy stocks battered by plunging crude futures[SYDNEY] Australian shares finished lower on Monday weighed by energy stocks, as concerns over a slump in oil demand due to the coronavirus pandemic drove the energy sub-index to its worst session in more than three weeks. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »

US: Stocks open lower amid crude oil glut[NEW YORK] Wall Street opened lower on Monday as traders grappled with a drop in oil prices to 22-year lows as the coronavirus pandemic sapped demand for energy. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »

Singapore stocks inch lower at Tuesday's open; STI down 0.1%SINGAPORE shares nudged slightly lower on Tuesday, with the Straits Times Index slipping 3.2 points or 0.1 per cent to 2,594.65 as at 9.02am. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »