Last Updated: Sunday, August 23, 2015, 20:49
Stock prices in Gulf states nosedived on Sunday in a massive market sell-off sparked by descending oil prices, with the Saudi and Dubai bourses leading the slide.
Last Updated: Saturday, August 22, 2015, 09:14
World stock markets tumbled on Friday and U.S. oil prices dove briefly below $40 a barrel sparked by fresh evidence of slowing growth in China, sending investors scurrying to the safety of bonds and gold.
Last Updated: Friday, August 21, 2015, 21:59
US crude oil prices on Friday dove below USD 40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years.
Last Updated: Thursday, August 20, 2015, 22:51
European stock markets fell on Thursday, weighed down by concerns over the health of China`s economy and sliding oil prices.
Last Updated: Thursday, August 20, 2015, 10:59
Here are the 5 key reasons of oil price decline.
Last Updated: Thursday, August 20, 2015, 10:03
Oil prices slid to a fresh six and a half year low in Asia Thursday, approaching the key USD 40 a barrel level after a surprise rise in US inventories added to concerns of a supply glut.
Last Updated: Thursday, August 20, 2015, 08:59
US crude oil slumped over 4 percent on Wednesday to hit a 6-1/2-year low and almost break below $40 per barrel, as a huge unexpected stockpile build in the United States reinforced concerns about a growing global oil glut.
Last Updated: Wednesday, August 19, 2015, 09:22
US benchmark West Texas Intermediate for September delivery fell 17 cents to USD 42.45 a barrel and Brent crude for October dipped 23 cents to USD 48.58 a barrel in late-morning Asian trade.
Last Updated: Wednesday, August 19, 2015, 09:05
The Shanghai Composite Index retreated 3.9 percent, a day after worries that the central bank could be in no hurry to ease policy further pushed it down 6.1 percent.
Last Updated: Tuesday, August 18, 2015, 17:04
US oil prices fell towards six-year lows on Tuesday after stock markets tumbled in China, the world`s largest energy consumer, adding to worries about global fuel demand at a time of heavy oversupply.
Last Updated: Tuesday, August 18, 2015, 08:40
Both crude oil benchmarks are now almost a third below their last peak from May, and analysts say more falls could lie ahead.
Last Updated: Tuesday, August 18, 2015, 08:33
The dollar-denominated MSCI broadest index of Asia-Pacific shares outside Japan was flat near its two-year low marked on Monday.
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