Oil pinballs off 1999 lows, stocks clamber higher

Oil pinballs off 1999 lows, stocks clamber higher

LONDON (Reuters) – Oil took markets on another rollercoaster ride on Wednesday as Brent somehow managed to reverse an early 12% crash to 1999 lows and give battered petrocurrencies and stock markets something buoyant to climb on. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, […]
Brent slumps to 1999 lows, stocks clamber higher

Asia stocks on defensive as oil pain spreads

TOKYO (Reuters) – Asian share markets were on the defensive on Wednesday as the floor fell out from under crude prices, sparking worries about further turmoil in the energy sector, already reeling from the heavy blow from global shutdowns. FILE PHOTO: People are...