Market News


Oil bounces off three-week lows as Greek debt default looms

Tue Jun 30, 2015 4:58pm EDT
Oil prices ended higher as it rebounded from three-week lows on Tuesday with U.S. refined fuel trading leading the rally on bets for strong summer demand, even as Greece’s move toward a debt default threatened to jolt global markets. More

EU’s Juncker makes last-minute offer to Greece -sources

Mon Jun 29, 2015 10:07pm EDT
European Commission President Jean-Claude Juncker made a last-minute offer to Athens in a bid to reach a bailout agreement before the deadline expires on Tuesday, European Union and Greek government sources said. More

Oil hits three-week lows as Greek crisis worsens; eyes on Iran

Mon Jun 29, 2015 3:28pm EDT
Crude futures hit 3-week lows on Monday as Greece shut its banks and imposed capital controls, causing widespread risk aversion, while Iran looked likely to extend nuclear negotiations with the West to export more of its oil into an oversupplied market. More

Greece confirms banks to close until July 6

Sun Jun 28, 2015 9:13pm EDT
Greek banks will be closed for a week until July 6 with limits set on withdrawals from cash machines, a government official said on Monday as capital controls aimed at protecting the country’s crippled financial system took effect. More

Greece imposes capital controls as crisis deepens

Sun Jun 28, 2015 6:48pm EDT
Greece moved to check the growing strains on its crippled financial system on Sunday, closing its banks and imposing capital controls that brought the prospect of being forced out of the euro into plain sight. More

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