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 from a revised 0.4% gain…
Read more Retail sales up 0.9% in May as the weather improved and gasoline prices cooledNAIROBI, Kenya — It was designed to be as simple as buying airtime: a quick tap on the dispenser, a few shillings and a cooking canister refilled. Now,…
Read more ‘I can’t afford cooking gas,’ shutdown of Kenya’s Koko biofuel firm wipes out clean cooking optionsBANGKOK — Asian shares were mixed Friday after Wall Street broke a two-day losing streak and edged back toward record levels, helped by advances for Big Tech companies…
Read more Asian shares are mixed and US futures edge higher after Wall Street steadiesPipeline 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 deliveries of Canadian heavy oil…
Read more Enbridge $1.4 Billion Project Aims to Boost Canadian Oil Flow to U.S. RefineriesChina has spent months building up its oil reserves. That might come in handy in the wake of the new sanctions the U.S. recently imposed on Russian crude.…
Read more China Is Filling Up Its Oil Reserves FastOil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table…
Read more Pump prices could rise after US, EU hit Russian oil companies with new sanctions and oil spikesWe are in the final innings of the third quarter, and energy markets remain tepid amid bearish sentiment. Brent crude for November delivery was trading at $69.45 per…
Read more Standard Chartered Bucks Bearish Trend, Forecasts Oil Price Gains in 2026Based on what’s happening in the black market for oil, the White House’s new import levy on India is backfiring. President Trump last week doubled India’s tariff rate…
Read more The Black Market for Oil Blunts Trump’s India TariffsNEW YORK (AP) — Wall Street pulled back from its records on Tuesday after the price of crude oil tumbled and technology stocks faltered. The S&P 500 fell…
Read more Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks dropDUBAI, United Arab Emirates — An Omani state-run oil and gas company announced Monday it will make an initial public offering of its exploration and production business, potentially…
Read more Oman state-run oil firm OQ will make initial public offering and potentially seek billionsShutterstock Oil and gas prices have been affected by the “mother of all shocks,” a Harvard economist says. Energy prices have seen wild swings since the pandemic, and…
Read more It will take years for the oil and gas market to recover from the ‘mother of all shocks,’ Harvard economist saysALBANY, N.Y. — Nature wraps bananas and oranges in peels. But in some modern supermarkets, they’re bagged or wrapped in plastic too. For Judith Enck, that’s the epitome…
Read more Earth Day: How one grocery shopper takes steps to avoid ‘pointless plastic’Story developing. Stay tuned for updates here. … Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subscribe…
Read more Import prices climb 0.8% in January, up 0.7% minus fuelCould the U.S. take a tougher line? While the scale and target of Biden’s promised response is not yet clear, any unilateral move is likely to draw blowback…
Read more Iran’s allies are attacking the West. What happens next?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 crisisPress play to listen to this article Voiced by artificial intelligence. Western warplanes and guided missiles roared through the skies over Yemen in the early hours of Friday…
Read more Middle East braces for chaos as Iran and West square upAttacks 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’Updated Jan. 1, 2024 12:05 am ET A surprise surge in American oil and gas production and exports is helping to keep the world stocked, blunting the impact…
Read more Shale Is Keeping the World Awash With Oil as Conflicts AboundOil 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 Sea
