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FTSE 100 drifts with commodities back on the back foot
LONDON - Britain's top share index edged lower on Monday, hit after a rebound in oil and metal prices ground to a halt following a tentative rebound last week.
Asia rises after cold spell lifts oil, dollar stands tall
TOKYO - Asian stocks on Monday moved further away from four-year lows struck last week, as a cold spell in parts of the northern hemisphere pushed oil prices higher and relieved some of the bearish pressure on global markets.
Oil falls 3 percent on swelling oversupply
LONDON Oil prices fell 3 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the gains made in one of the biggest-ever daily rallies last week.
Oil currencies fall, euro and yen gain
LONDON The dollar edged down against a basket of currencies on Monday as renewed selling on oil markets drove investors into their current safe havens of choice, the euro and yen, while weakening the currencies of major crude exporters.
European shares retreat as oil price rally fizzles out
LONDON European stock markets fell on Monday, with shares in major oil and gas companies losing ground as an oil price rally fizzled out.
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