NEW YORK (Reuters) – Global stock benchmarks and oil prices fell sharply on Tuesday after drugmaker Moderna (NASDAQ:MRNA) warned that existing vaccines are unlikely to be as effective against the new coronavirus…
LONDON (Reuters) – OPEC and its allies have postponed technical meetings to later this week, giving themselves more time to assess the impact of the new Omicron coronavirus variant on…
Oil prices weakened Monday, continuing the recent selloff as Covid-related lockdowns in Europe and the potential release of supply from Japanese strategic reserves weighed on the market.By 9:05 AM ET…
NEW YORK (Reuters) -Oil prices rallied on Wednesday after U.S. crude inventories at the nation’s largest storage site hit their lowest level in three years and nationwide fuel stocks fell sharply, a…