Oil futures edged higher early Wednesday, with traders awaiting official data on U.S. crude inventories after industry figures showed a large rise. Price action West Texas Intermediate crude for December Read more
Tag: CLZ22
Stocks are having a stellar October. Why the bear-market rally may have more room to run.
Despite a raft of risky events that investors must face down over the coming weeks, some on Wall Street believe that the latest bear-market rally in stocks has more room Read more
Stocks are having a stellar October. Why the bear-market rally may have more room to run.
Despite a raft of risky events that investors must face down over the coming weeks, some on Wall Street believe that the latest bear-market rally in stocks has more room Read more
The first ‘truly global energy crisis’ is here, says International Energy Agency chief
“‘The world is in the middle of its first truly global energy crisis.’” — Fatih Birol, executive director, International Energy Agency That observation comes from Fatih Birol, executive director of Read more
Oil falls for second day as demand worries continue
Oil futures fell Tuesday, on track for back-to-back losses as investors remained worried about the demand outlook for crude as the Federal Reserve and other major central banks aggressively tighten Read more
Oil loses ground as traders weigh China demand worries
Oil futures fell early Monday to begin the week as traders weighed the outlook for Chinese demand after a round of lackluster import data and the conclusion of the Communist Read more
Oil ends higher; natural gas prices post a weekly loss of more than 20%
Oil futures ended higher on Friday, while natural-gas futures extended their losses into a sixth-consecutive session to end the week with a loss of more than 20%. Price action West Read more
Oil prices build on gains as China reportedly weighs easing quarantine rules
Oil futures were building on gains Thursday, finding support after a report China may ease quarantine restrictions on visitors to the country. Price action West Texas Intermediate crude for November Read more
Oil bounces as U.S. supplies show decline, while Biden administration plans another SPR release
Oil futures bounced Wednesday, finding support as industry data showed a fall in U.S. supplies and as traders debated the impact of the Biden administration’s plan to release more crude Read more
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