Oil Prices Remain Driver Across Financial Markets
Craig Erlam said that There’s little reason to believe this is anything more than a dead cat bounce and that next week may be anothe
On Friday, they were up a little more, with benchmark New York crude rose 18 cents
to $42.92 a barrel in electronic trading on the New York Mercantile Exchange.
LONDON — European stock markets edged lower Friday amid ongoing unease over the
outlook for oil prices as well as a slightly disappointing economic survey.
EBBING ENERGY: Crude oil’s extended decline this week
and the effect it is having on broader financial markets weighed on investor sentiment and dragged down energy shares.
