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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: Crude Oil WTI (NYM $/bbl) Front Month
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U.S., British launch massive retaliatory strike against Houthi rebels in Yemen
[ad_1] WASHINGTON — The U.S. and British militaries were bombing more than a dozen sites used by the Iranian-backed Houthis in Yemen on Thursday,…
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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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Stock-market rally faces make-or-break moment. How to play U.S. October inflation data.
[ad_1] It has been a while since a hot inflation report sparked wild gyrations in U.S. stocks, like it frequently did in 2022, but…
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Oil falls, markets hold steady as Israel launches Gaza ground offensive
[ad_1] Oil futures dropped Sunday night as markets saw a calm opening following Israel’s launch of a ground offensive in Gaza that drew implied…
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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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Wall Street’s most bullish strategist warns of choppiness in stocks, still sees the S&P 500 touching a record high this year
[ad_1] Recent weakness in the U.S. stock market is likely to persist over the near-term, according to Wall Street’s most bullish strategist, who still…
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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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Dow closes down 200 points as bond yields, oil prices jump
[ad_1] U.S. stocks closed lower Tuesday after the long Labor Day weekend, as bond yields and oil prices climbed. The Dow Jones Industrial Average…
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The ‘narrow breadth’ chorus has fallen silent. What broadening participation in stock-market rally means for investors.
[ad_1] A wider swath of stocks have joined the S&P 500 SPX, +0.15%’s upswing after the so-called Magnificent Seven — Apple AAPL, +0.32%, Amazon…
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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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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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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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The commodity supercycle is still young, these strategists say. Here’s why.
[ad_1] Be careful what you wish for. U.S. job openings dropped below 10 million, a symbolic sign that the Federal Reserve’s efforts to combat…