LONDON: Global stocks suffered another rout Wednesday as oil prices slid to fresh 12-year lows under $28, heaping further pressure on financial markets from London and Paris to Russia and Shanghai.
LONDON: Gold sank Wednesday close to the lowest level in nearly six years, as the dollar rallied on prospects for a December interest rate hike from the US Federal Reserve.
NEW YORK: U.S. crude oil prices on Friday dove below $40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years after a further rise in U.S. drilling and a drop in Chinese manufacturing.