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 crisisWASHINGTON — The U.S. and British militaries were bombing more than a dozen sites used by the Iranian-backed Houthis in Yemen on Thursday, in a massive retaliatory strike…
Read more U.S., British launch massive retaliatory strike against Houthi rebels in YemenAttacks 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 cutsIt has been a while since a hot inflation report sparked wild gyrations in U.S. stocks, like it frequently did in 2022, but that doesn’t mean Tuesday’s consumer…
Read more Stock-market rally faces make-or-break moment. How to play U.S. October inflation data.Oil futures dropped Sunday night as markets saw a calm opening following Israel’s launch of a ground offensive in Gaza that drew implied threats from Iran amid market…
Read more Oil falls, markets hold steady as Israel launches Gaza ground offensiveFuel 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 marketsRecent 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 thinks the S&P 500 is…
Read more Wall Street’s most bullish strategist warns of choppiness in stocks, still sees the S&P 500 touching a record high this yearOil 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 yearsU.S. stocks closed lower Tuesday after the long Labor Day weekend, as bond yields and oil prices climbed. The Dow Jones Industrial Average DJIA shed about 195 points,…
Read more Dow closes down 200 points as bond yields, oil prices jumpA 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 AMZN, +1.11%, Alphabet GOOG, +0.08%,…
Read more The ‘narrow breadth’ chorus has fallen silent. What broadening participation in stock-market rally means for investors.Oil 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 oilU.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 riseOil 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 cutBe careful what you wish for. U.S. job openings dropped below 10 million, a symbolic sign that the Federal Reserve’s efforts to combat inflation by sapping labor-market demand…
Read more The commodity supercycle is still young, these strategists say. Here’s why.
