Crude oil price

Royal Dutch Shell share price is down 45% YTD: Is it time to buy?

Royal Dutch Shell share price dropped by more than 1.45%, becoming among the worst-performing companies in the FTSE 100. The company’s share price is trading at 14.65p, which is down from this month’s high of 17.72p. Shell is not the only energy company in trouble today. BP share price has dropped by more than 1.52% while other energy firms have also declined.

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The Surge in Coronavirus Cases Shakes Up the Chinese Government

Risk aversion dominated today’s trading after reports came out that coronavirus cases in China skyrocketed overnight. Major Asian stock indices were in the red while higher-yielding currencies like the Aussie, Kiwi, and Loonie were under pressure from sellers. EURUSD also dropped to its 2017 lows. On the other hand, gold [...]

Can China’s Economy Survive The Coronavirus?

Coronavirus Is Spreading at a Staggering Pace Headlines have been filled with news of the novel coronavirus. The disease which began in Wuhan, China, has now claimed 80 lives. As of this writing, the number of confirmed cases according to WHO, CDC, NHC, and Dingxiangyuan, is at 2,784. It has [...]

US-Iran Tensions: Iran Brands US Soldiers As Terrorists

Iran prepares to conduct the funeral ceremonies of its former Quds Force Commander, Qassem Soleimani on Tuesday. But while Soleimani’s life chapter is closed, new tensions arise as the war of words between Iran and the United States escalates. The Iranian parliament responded to the US declaration of a major [...]