Oil prices slide amid Shanghai two-stage lockdown

Oil prices went down on Sunday amid Shanghai authorities announcing the city will lockdown in two stages in order for residents to undergo COVID-19 testing. The lockdown announcement comes amid a new daily record for asymptomatic COVID-19 infections. Shanghai will be divided into two parts for the lockdown and will use the Huangpu River as […]

European markets climb as investors follow Ukraine developments

LONDON — European stocks moved higher on Monday as investors continue monitoring developments in the war between Ukraine and Russia. The pan-European Stoxx 600 added 0.5% in early trade, with insurance stocks climbing 1.3% to lead gains as almost all sectors and major bourses entered positive territory. Global markets are watching events in Ukraine closely more than […]