Tag: CL.1

Is the U.S. stock market open on Labor Day?

It is unofficially summer’s last hurrah for Wall Street investors. U.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a...

Nearly 95% of Gulf Coast oil and gas production offline as Hurricane Ida buffets Louisiana

Natural-gas futures were on the rise, extending a climb to a three-year high, and crude-oil prices were mixed in electronic trading late Sunday as Hurricane...

U.S. stocks fall Friday, book weekly losses amid delta variant concerns and weakness in Amazon results

U.S. stock indexes closed lower Friday, posting a weekly loss to close out the month, with renewed concerns about a rise of cases of the...

Oil prices mixed even as China data points to strong rebound for demand

Oil futures were trying for a fifth straight gain Friday but were presently seeing lackluster trade as investors weighed a strong economic report from China...

Tech shares rise but Dow under pressure as U.S. pauses Johnson & Johnson COVID vaccine rollout

U.S. stocks were trading mixed Tuesday morning after U.S. public-health agencies requested a temporary halt in the use of Johnson & Johnson’s one-shot COVID vaccine...

Oil prices fall as U.S. data show hefty rise in gasoline supplies

Oil prices headed lower on Wednesday, with gasoline futures leading the losses in the sector as traders parsed U.S. government data showing a more-than-3-million-barrel decline...

Oil prices move up as traders eye signs of improving energy demand

Oil futures moved up on Tuesday, shaking off earlier weakness, as signs of improving energy demand put global benchmark prices on track to tally an...

Energy stocks and bonds shine after brutal slump, even as Biden moves to curb fossil fuels

About nine months ago, oil futures did a crazy thing and briefly crashed into negative territory, marking a low point of a historic bear market...

Oil futures gain nearly 8% for the month

Oil futures on Friday finished sharply higher for the month, finding support as traders remained hopeful that efforts to rein in global supplies will offset...

Oil ends higher as dollar sees renewed weakness

Oil futures ended higher Tuesday, with Brent crude resuming a push to the upside as a bounce by the U.S. dollar appeared to lose steam....

U.S. oil books over 2% gain as weekly crude stockpiles seen falling; Brexit deal nears

Crude-oil futures closed sharply higher Wednesday as a report from the Energy Information Administration showed a drop in U.S. inventories, and favorable geopolitical developments appeared...

Oil prices on track for 7th straight weekly rise

Oil futures were little changed Friday, but remained on track for a seventh straight weekly rise as traders remained optimistic about vaccine rollouts and prospects...

How to read what oil prices — and the Dow — are saying about prospects for a ‘normal’ economic recovery

Don’t let the green energy revolution fool you into thinking crude oil prices no longer have much to say about the economic outlook. So cautions...

Oil prices end higher as OPEC+ agrees to a gradual increase in output for 2021

Oil futures ended higher Thursday, even though major producers agreed to a gradual increase in crude production starting in January, defying earlier expectations for an...

Oil prices fall as OPEC+ debates expansion of output cuts

Oil futures fell Monday, under pressure as the Organization of the Petroleum Exporting Countries and its allies debate the fate of existing output curbs in...

Oil prices rise, brushing off unclear U.S. presidential election outcome

Storage in focus. Johannes Eisele/Agence France-Presse/Getty Images Oil futures rose Wednesday, brushing off an unclear outcome in the U.S. presidential election as investors focus on...