Finance
Oil prices ease after US and Iran pause their attacks
[ad_1] NEW YORK — Oil prices eased in early trading Sunday, falling further from a two-month high set last week, after the United States…
Tag: Energy markets
Finance
Retail sales up 0.9% in May as the weather improved and gasoline prices cooled
[ad_1] NEW YORK — Shoppers increased their spending in May as temperatures warmed and gasoline prices cooled. Retail sales rose a better-than-expected 0.9%, up…
Finance
‘I can’t afford cooking gas,’ shutdown of Kenya’s Koko biofuel firm wipes out clean cooking options
[ad_1] NAIROBI, Kenya — It was designed to be as simple as buying airtime: a quick tap on the dispenser, a few shillings and…
Finance
Asian shares are mixed and US futures edge higher after Wall Street steadies
[ad_1] BANGKOK — Asian shares were mixed Friday after Wall Street broke a two-day losing streak and edged back toward record levels, helped by…
World News
Enbridge $1.4 Billion Project Aims to Boost Canadian Oil Flow to U.S. Refineries
[ad_1] Pipeline operator Enbridge ENB 0.51%increase; green up pointing triangle will push ahead with a $1.4 billion expansion of its core network to boost…
World News
China Is Filling Up Its Oil Reserves Fast
[ad_1] China has spent months building up its oil reserves. That might come in handy in the wake of the new sanctions the U.S.…
Sacramento, California Local News
Pump prices could rise after US, EU hit Russian oil companies with new sanctions and oil spikes
[ad_1] Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President Vladimir…
Business
Standard Chartered Bucks Bearish Trend, Forecasts Oil Price Gains in 2026
[ad_1] We are in the final innings of the third quarter, and energy markets remain tepid amid bearish sentiment. Brent crude for November delivery…
World News
The Black Market for Oil Blunts Trump’s India Tariffs
[ad_1] Based on what’s happening in the black market for oil, the White House’s new import levy on India is backfiring. President Trump last…
World News
Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop
[ad_1] NEW YORK (AP) — Wall Street pulled back from its records on Tuesday after the price of crude oil tumbled and technology stocks…
Finance
Oman state-run oil firm OQ will make initial public offering and potentially seek billions
[ad_1] DUBAI, United Arab Emirates — An Omani state-run oil and gas company announced Monday it will make an initial public offering of its…
Business
It will take years for the oil and gas market to recover from the ‘mother of all shocks,’ Harvard economist says
[ad_1] Shutterstock Oil and gas prices have been affected by the “mother of all shocks,” a Harvard economist says. Energy prices have seen wild…
Breaking News
Earth Day: How one grocery shopper takes steps to avoid ‘pointless plastic’
[ad_1] ALBANY, N.Y. — Nature wraps bananas and oranges in peels. But in some modern supermarkets, they’re bagged or wrapped in plastic too. For…
Breaking News
Import prices climb 0.8% in January, up 0.7% minus fuel
[ad_1] Story developing. Stay tuned for updates here. … Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from…
Politics
Iran’s allies are attacking the West. What happens next?
[ad_1] Could the U.S. take a tougher line? While the scale and target of Biden’s promised response is not yet clear, any unilateral move…
Breaking News
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…
Politics
Middle East braces for chaos as Iran and West square up
[ad_1] Press play to listen to this article Voiced by artificial intelligence. Western warplanes and guided missiles roared through the skies over Yemen in…
Breaking News
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…
Business
Shale Is Keeping the World Awash With Oil as Conflicts Abound
[ad_1] Updated Jan. 1, 2024 12:05 am ET A surprise surge in American oil and gas production and exports is helping to keep the…
Breaking News
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…