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Oil Prices Soar as Traders Prepare for Wild Ride to Continue

24 Apr 2020 - News & Insights

Crude-oil prices jumped Thursday, extending a string of wild moves that are ricocheting across financial markets and roiling the global energy industry. While prices have clawed back ground over the past two sessions, oil now trades at a fraction of where it started the year and is well below levels that make it profitable for […]

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Crude Leaps More Than 20% on Hopes Price War Will End

03 Apr 2020 - News & Insights

Crude-oil jumps in single-day record after President Trump expresses hopes of Saudi-Russia pact U.S. oil prices jumped 25% Thursday in their biggest one-day rally on record, lifted by investors’ hopes that initial steps to end a global price war will offer a reprieve to an industry battered by a coronavirus. The gains capped a wild […]

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