Oil prices were headed for their worst weekly loss in more than a decade Friday after Saudi Arabia and Russia launche a price war and the coronavirus pandemic sparked an equities meltdown. US benchmark West Texas Intermediate reversed earlier losses in afternoon trade, rising about two percent to around $32 ...
Global markets suffered record falls on Thursday as alarm over the coronavirus intensified, and governments from Ireland to Italy unveiled new measures to try to slow the spread of a disease that has infected more than 127,000 people worldwide. Travelers in Europe rushed to board flights to the United States ...