Tag: crude oil
European Stocks Higher; German Retail Sales Slump
European stock markets edged higher on Wednesday, rebounding at the start of a new month although concerns about the strength of the region’s economic...
European Stock Futures Higher; Eurozone Manufacturing PMI Data in Focus
European stock markets are expected to open higher Wednesday, rebounding at the start of a new month with the focus on key manufacturing sector...
U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.05%
U.S. stocks were lower after the close on Friday, as losses in the Technology, Consumer Goods and Consumer Services sectors led shares lower. At the...
What is windfall tax on oil companies?
Crude oil price is rising. As the burden on people's pocket is increasing, experts are suggesting one-time 'windfall tax' on companies that have profited from the price rise. What is 'windfall tax'?
Oil Down, Investors Await OPEC+ Meeting
Oil was down on Thursday morning in Asia, falling by around $3 a barrel in early Asian trading. Investors cashed in on a recent...
Oil prices slide after report Saudi Arabia could step up if Russian output dips under sanctions
Oil prices dropped more than 2% following a report that Saudi Arabia is prepared to raise crude production if Russia’s output significantly falls following...