Sunday , 21 December 2025

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Oil drops with Opec seen hiking output as Delta variant spreads

Bloomberg Oil declined amid expectations of an upcoming supply increase from Opec+ producers at a time when the delta variant is spreading worldwide and threatening a demand rebound. Futures in New York fell as much as 1.5% on Monday. The Organization of Petroleum Exporting Countries (Opec) and its allies will meet on Thursday, when they may decide to boost output …

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European stocks slump as futures steady; oil declines

Bloomberg European stocks slipped on Monday, with travel shares slumping amid restrictions prompted by coronavirus pandemic (Covid-19) strains, while US futures were little changed alongside Asian equities. The Stoxx 600 Index was led lower by the likes of Tui AG and EasyJet Plc, with the highly contagious Delta strain threatening to derail summer travel in Europe just as the northern …

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Virus lockdowns send Malaysia stocks falling to seven-month low

Bloomberg Malaysian stocks tumbled to a seven-month low amid a selloff across much of southeast Asia’s equities markets, after the local government extended a nationwide lockdown due to elevated Covid-19 infections. The FTSE Bursa Malaysia KLCI Index dropped as much as 1.3% on Monday, while Indonesia’s stock benchmark fell the most in six weeks. In Thailand, the key index sinks …

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