Oil futures popped higher Sunday evening, after a drone attack that killed three U.S. service members in northern Jordan, blamed by the White House on Iran-backed militants, marked…
Read more Oil prices jump after drone attack kills U.S. troops, escalating Mideast crisisAttacks by Iran-backed Houthi rebels on vessels in the Red Sea have led to transport disruptions for oil and other goods, but international oil shippers may have found…
Read more Why Red Sea chaos is driving oil buyers ‘into the arms of U.S. shale producers’Oil futures ended slightly lower Friday on the final trading day of 2023, capping crude’s first losing year since 2020 as concerns about the demand outlook outweighed potential…
Read more Oil prices end lower as crude suffers first losing year since 2020Oil futures fell on Friday, but finished off the session’s lows to eke out a gain for the week — the first for U.S. and global benchmark crude…
Read more Oil prices post first weekly gain in 8 weeks amid ship attacks in Red SeaOil futures fell Monday to their lowest levels in more than two weeks, building on recent declines that came after a round of voluntary production cuts announced by…
Read more Oil prices drop to 2-week lows as doubts linger over OPEC+ production cutsA rally in the U.S. stock and bond markets in the past week defied the bears and fueled hopes for more gains to come by year-end and in…
Read more Why the U.S. economy isn't out of the woods as stock market soarsFuel prices, with the cost of gasoline and diesel at the pump both down from a month ago, don’t appear to be fazed by the escalating risks to…
Read more Here’s what the Israel-Hamas war has done to U.S. gasoline and diesel pricesWall Street on Monday shook off a bout of selling sparked by the Israel-Gaza war. That’s in keeping with the historical tendency of investors to look past geopolitical…
Read more Will Israel-Gaza war sink stocks and shake the global economy? Watch oil prices.Oil futures opened with strong gains late Sunday as traders reacted to an attack by Hamas on Israel, raising Middle East tensions and stoking worries about the outlook…
Read more Oil prices jump 4% after Hamas attack on IsraelOil traders on Sunday said crude prices were likely to remain supported in the near term, as investors assessed the fallout from the surprise attack by Hamas on…
Read more ‘Fear trade’: What Israel-Hamas war means for oil prices and financial marketsCentral bankers like to focus on core inflation readings, which strip out food and energy prices, but that doesn’t mean that they, or investors, will be able to…
Read more Why crude-oil rally can’t be ignored by investors — or the FedOil futures settled higher on Wednesday, with U.S. prices posting a ninth consecutive climb — the longest streak of daily gains since early 2019. Prices for U.S. and…
Read more U.S. oil prices score longest streak of daily gains in over 4 yearsOil futures settle at their highest in two weeks on Wednesday, finding support after Saudi Arabia’s energy minister reportedly said that the kingdom and its allies will do…
Read more Oil prices end at a 2-week high on reports Saudi Arabia said OPEC+ will do ‘whatever necessary’ to support oilInvestors will start the week nervously sorting through the aftermath of a short-lived rebellion by the mercenary Wagner Group that’s seen leaving Russian President Vladimir Putin weakened. “As…
Read more What’s next for markets after aborted Wagner mutiny leaves Russia’s Putin weakenedU.S. stock-index futures opened near unchanged and attempted to edge higher Sunday night, as investors reacted to chaotic weekend events that saw a short-lived rebellion that pitted the…
Read more U.S. stock futures little changed after short-lived Wagner mutiny in Russia; oil futures riseInvestors will start the week nervously sorting through the aftermath of a short-lived rebellion by the mercenary Wagner Group that’s seen leaving Russian President Vladimir Putin weakened. “As…
Read more What’s next for markets after aborted Wagner mutiny leaves Russia’s Putin weakenedOil futures opened sharply higher Sunday evening, after Saudi Arabia agreed to deliver an additional 1 million–barrel daily production cut next month as the Organization of the Petroleum…
Read more Oil prices jump more than 2% after Saudi Arabia sets July production cutSaudi Arabia will voluntarily cut production by 1 million barrels a day in July, alongside an agreement by the Organization of the Petroleum Exporting Countries and its allies…
Read more Saudis to cut oil production by 1 million barrels a day in July as OPEC+ extends output dealThe Organization of the Petroleum Exporting Countries and its allies said they decided Sunday to cut production in an effort to support oil-market stability, but that offers little…
Read more Soaring oil prices: 6 things investors need to know about the surprise OPEC+ production cutsOil prices spiked late Sunday, after Saudi Arabia led a surprise oil production cut across several OPEC+ nations that will remove more than 1 million barrels of oil…
Read more Oil prices soar after Saudi Arabia leads coordinated OPEC+ cuts totaling more than 1 million barrels a day
