Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweig...
SINGAPORE - Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC’s production cutbacks and from U.S. sanctions on Iran and Venezuela.
U.S. West Texas Intermediate futures were at $58.69 per barrel, down 35 cents, or 0.6 percent, from their previous settlement. Historically, an inverted yield curve - where long-term rates fall below short-term - has signaled an upcoming recession.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oman oil minister says excited to be part of Sri Lanka oil refinery projectOman oil minister Mohammed bin Hamad Al Rumhy said on Sunday he was excited to b...
Read more »
Oman oil minister excited to be part of Sri Lanka oil refinery projectOman's oil minister said on Sunday he was excited to be part of a Sri Lanka...
Read more »
Venezuela may divert U.S.-bound oil to Russia, says Jose generator back onlineVenezuela's oil minister and president of state-run oil company PDVSA, Manu...
Read more »
Oil edges above $67 as OPEC-led supply cuts supportOil edged further above $67 a barrel on Monday, supported by the prospect of pro...
Read more »
Oil prices fall as markets brace for potential U.S. recessionOil prices dropped on Monday as concerns of a sharp economic slowdown outweighed...
Read more »
Washington Capitals to celebrate Stanley Cup victory at White House MondayWhile several members of the team have previously stated they would not attend, others are excited for the visit.
Read more »
President Trump to welcome Washington Capitals at White House on MondayWashington Capitals players have been told they are free to decide whether they will attend White House ceremony with President Donald Trump.
Read more »
Brexit: What will happen in the British parliament on Monday?British lawmakers will seek to use a vote on the government's next steps on...
Read more »