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Oil prices jump after drone attack kills U.S. troops, escalating Mideast crisis
[ad_1] Oil futures popped higher Sunday evening, after a drone attack that killed three U.S. service members in northern Jordan, blamed by the White…
Tag: Brent Crude Oil Continuous Contract
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Why Red Sea chaos is driving oil buyers ‘into the arms of U.S. shale producers’
[ad_1] Attacks by Iran-backed Houthi rebels on vessels in the Red Sea have led to transport disruptions for oil and other goods, but international…
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Oil prices end lower as crude suffers first losing year since 2020
[ad_1] Oil futures ended slightly lower Friday on the final trading day of 2023, capping crude’s first losing year since 2020 as concerns about…
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Oil prices post first weekly gain in 8 weeks amid ship attacks in Red Sea
[ad_1] Oil futures fell on Friday, but finished off the session’s lows to eke out a gain for the week — the first for…
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Oil prices drop to 2-week lows as doubts linger over OPEC+ production cuts
[ad_1] Oil futures fell Monday to their lowest levels in more than two weeks, building on recent declines that came after a round of…
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Why the U.S. economy isn't out of the woods as stock market soars
[ad_1] A rally in the U.S. stock and bond markets in the past week defied the bears and fueled hopes for more gains to…
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U.K. stocks break three-day losing streak
[ad_1] U.K. stocks rose Thursday, as the FTSE 100 Index FTSE 100 Index closed up 0.19% at 7,483.58. Among FTSE 100 constituents, technical services…
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Here’s what the Israel-Hamas war has done to U.S. gasoline and diesel prices
[ad_1] Fuel prices, with the cost of gasoline and diesel at the pump both down from a month ago, don’t appear to be fazed…
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Will Israel-Gaza war sink stocks and shake the global economy? Watch oil prices.
[ad_1] Wall Street on Monday shook off a bout of selling sparked by the Israel-Gaza war. That’s in keeping with the historical tendency of…
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Oil prices jump 4% after Hamas attack on Israel
[ad_1] Oil futures opened with strong gains late Sunday as traders reacted to an attack by Hamas on Israel, raising Middle East tensions and…
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‘Fear trade’: What Israel-Hamas war means for oil prices and financial markets
[ad_1] Oil traders on Sunday said crude prices were likely to remain supported in the near term, as investors assessed the fallout from the…
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Why crude-oil rally can’t be ignored by investors — or the Fed
[ad_1] Central bankers like to focus on core inflation readings, which strip out food and energy prices, but that doesn’t mean that they, or…
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U.S. oil prices score longest streak of daily gains in over 4 years
[ad_1] Oil futures settled higher on Wednesday, with U.S. prices posting a ninth consecutive climb — the longest streak of daily gains since early…
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Oil prices end at a 2-week high on reports Saudi Arabia said OPEC+ will do ‘whatever necessary’ to support oil
[ad_1] Oil futures settle at their highest in two weeks on Wednesday, finding support after Saudi Arabia’s energy minister reportedly said that the kingdom…
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What’s next for markets after aborted Wagner mutiny leaves Russia’s Putin weakened
[ad_1] Investors will start the week nervously sorting through the aftermath of a short-lived rebellion by the mercenary Wagner Group that’s seen leaving Russian…
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U.S. stock futures little changed after short-lived Wagner mutiny in Russia; oil futures rise
[ad_1] U.S. stock-index futures opened near unchanged and attempted to edge higher Sunday night, as investors reacted to chaotic weekend events that saw a…
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What’s next for markets after aborted Wagner mutiny leaves Russia’s Putin weakened
[ad_1] Investors will start the week nervously sorting through the aftermath of a short-lived rebellion by the mercenary Wagner Group that’s seen leaving Russian…
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Oil prices jump more than 2% after Saudi Arabia sets July production cut
[ad_1] Oil futures opened sharply higher Sunday evening, after Saudi Arabia agreed to deliver an additional 1 million–barrel daily production cut next month as…
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Saudis to cut oil production by 1 million barrels a day in July as OPEC+ extends output deal
[ad_1] Saudi Arabia will voluntarily cut production by 1 million barrels a day in July, alongside an agreement by the Organization of the Petroleum…
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European stocks break two-day declining streak
[ad_1] European stocks finished higher Friday, with the Stoxx Europe 600 index STOXX Europe 600 Index rising 0.34% to 469.00. The German DAX DAX…