Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Oil prices rebound strongly, WTI crude up more than 7%

March 31, 2020: Oil prices rebounded strongly in Asian trade Tuesday a day after falling to 18-year lows, as investors took heart from moves by policymakers to support the coronavirus-hit global economy.                   US benchmark

Stocks, oil prices slide on shattered demand

March 30, 2020 (MLN): World stock markets mostly tumbled and oil prices plunged Monday despite fresh Chinese and Australian stimulus to shore up an economy shattered by the coronavirus fallout.                   Australia was out on

Saudi Aramco income higher than 12 oil giants in 2019

Mar 30, 2020: Saudi Aramco's net income in 2019 was greater than the combined total net income of the world's 12 largest oil companies, according to data gathered by Anadolu Agency. Saudi Arabia's national oil

Asian markets resume losses as stimulus joy fades

Mar 30, 2020: Asian markets fell Monday following a steep drop on Wall Street as the jubilation from last week's enormous US stimulus package faded and investors returned their attention to the soaring infection and

IMF chief: ‘Clear we have entered recession’

March 27, 2020: The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said Friday. “It is clear that we have

Global auto sales to shrink 14% in 2020: Moody’s

Mar 27, 2020: International rating agency Moody's lowered its auto sales forecast on Friday as the economic fallout from the coronavirus outbreak continues to worsen. “We now expect global auto unit sales to plunge about

European stock markets drop over 2% at open

March 27, 2020: European stock markets dropped over 2.0 percent at the open Friday following three days of gains as traders react to global stimulus action to tackle the economic fallout from the coronavirus.                

Oil prices rebound strongly, WTI crude up more than 7%

March 31, 2020: Oil prices rebounded strongly in Asian trade Tuesday a day after falling to 18-year lows, as investors took heart from moves by policymakers to support the coronavirus-hit global economy.                   US benchmark

Stocks, oil prices slide on shattered demand

March 30, 2020 (MLN): World stock markets mostly tumbled and oil prices plunged Monday despite fresh Chinese and Australian stimulus to shore up an economy shattered by the coronavirus fallout.                   Australia was out on

Saudi Aramco income higher than 12 oil giants in 2019

Mar 30, 2020: Saudi Aramco's net income in 2019 was greater than the combined total net income of the world's 12 largest oil companies, according to data gathered by Anadolu Agency. Saudi Arabia's national oil

Asian markets resume losses as stimulus joy fades

Mar 30, 2020: Asian markets fell Monday following a steep drop on Wall Street as the jubilation from last week's enormous US stimulus package faded and investors returned their attention to the soaring infection and

IMF chief: ‘Clear we have entered recession’

March 27, 2020: The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said Friday. “It is clear that we have

Global auto sales to shrink 14% in 2020: Moody’s

Mar 27, 2020: International rating agency Moody's lowered its auto sales forecast on Friday as the economic fallout from the coronavirus outbreak continues to worsen. “We now expect global auto unit sales to plunge about

European stock markets drop over 2% at open

March 27, 2020: European stock markets dropped over 2.0 percent at the open Friday following three days of gains as traders react to global stimulus action to tackle the economic fallout from the coronavirus.