Global Markets: Asia shares struggle to rally, oil skids further
Friday, 7 December 2018 () Asian shares fought to sustain the slimmest of recoveries on Friday amid speculation the Federal Reserve might be "one-and-done" with U.S. rate hikes, while oil fell anew as producers bickered over the details of an output cut.
The Organization of Petroleum Exporting Countries (OPEC) met earlier this week to discuss the global oil output. TheStreet's Martin Baccardax broke down the OPEC agreement. Members of OPEC and non-members agreed to cut oil production by 1.2 million barrels a day, for six months starting in January....
TOKYO (Reuters) - Asian share markets sank on Tuesday as heightened worries about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. FILE PHOTO: A man..
According to Reuters, Oil prices plunged on Friday on concerns about oversupply, sending world stock markets lower as lagging energy shares weighed down Wall Street.
Both Brent and U.S. crude fell to..
By Hideyuki Sano and Daniel Leussink TOKYO (Reuters) - Asian share markets slumped on Tuesday as heightened concerns about a slowing global economy sent Wall... WorldNews - Front PageAlso reported by •OilPrice.com