Tag Archives: Price of oil

09Feb/16
Dax board at the stock exchange

Banks centre stage in stocks shocker

European shares gave up early gains as bank stocks dropped again and losses in Asian markets sent investors scurrying for save havens. Ivor Bennett reports.
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15Jan/16

Wall Street tumbles to lowest level since August

U.S. stocks close sharply lower as crude oil prices drop below 30 dollars (USD) a barrel and China fears deepen.

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07Jan/16

Wall Street swoons on China shock, oil slide

U.S. stocks down sharply in midday trade with investors unnerved by China volatility and the continuing slide in oil prices.

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07Jan/16

Oil: how low can it go?

Oil slides below $33 a barrel to levels not seen in more than a decade, as a tumble in Chinese equities rattles investors already concerned by near-record production and massive stockpiles of unwanted crude. David Pollard reports. Continue reading

09Oct/15

Africa’s GDP growth to slow to 3.7 pct this year, World Bank

Economic growth is set to slow in Sub-Saharan Africa to 3.7 percent this year from 4.6 percent in 2014, its weakest pace since 2009, mainly due to the drop in commodity prices, the World Bank has said in its latest Africa pulse report.

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29Sep/15

Glencore shares halt slide, broker recommends going private

Shares in commodity trading firms take another tumble, driving global stocks to their lowest in more than two years, as pressure built on raw materials prices and emerging markets.
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