Oil slumps as Saudi price cuts underscore softer market outlook
US oil futures tumbled as much as 5 per cent, the biggest intraday drop in more than a month, to trade near $US70 a barrel. Brent tracked those losses.
Source: afr.com
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US close: Tech rally drives gains as S&P 500 nears record high
Huge gains from tech stocks and falling oil prices and bond yields ignited stocks on Monday, with the S&P 500 coming within 36 points of its all-time closing high.
Source: sharecast.com
Oil falls as Saudi price cuts counter Middle East worries
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Source: oilandgas360.com
Barclays sheds 5,000 jobs amid cost-cutting drive
Barclays cut its workforce by around 5,000 last year as part of an ongoing push to strip costs from the lender.
Source: yahoo.com
Oil falls over 3% as Saudi price cuts add to demand concerns - Markets
NEW YORK: Oil prices fell by more than 3% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in...
Source: brecorder.com