Tag: CL00

Crude prices fall after Saudi Arabia cuts Asian prices

Oil prices came under renewed pressure on Monday, after Saudi Arabia cut prices for its Asian customers and demand worries lingered following last week’s weaker-than-expected...

U.S. oil prices finish with a slight gain as OPEC+ keeps plan to boost output in place

U.S. oil futures on Wednesday finished with a slight gain, but global prices posted a modest loss, after major oil producers made no changes to...

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...

Dow books 725-point loss, worst day since October, as spread of delta variant and global tensions rattle investors

U.S. stocks closed sharply lower Monday, joining the selloff in global equities, as concerns grew about the spread of the delta variant of the coronavirus...

Oil slumps on OPEC compromise expectations, COVID variant concerns

Oil futures fell Thursday, extending a slump that began in the previous session after data showed a rise in U.S. fuel supplies and after reports...

Oil extends bounce but remains on track for weekly loss

Oil futures rose sharply Friday, extending a bounce from the previous session triggered by a sharp fall in U.S. crude and gasoline inventories, but remain...

OPEC+ calls off output talks again Monday, leading crude oil prices to surge

Oil prices rose on Monday, driven higher after the OPEC+ group of producers again called off talks on output levels, failing in its third attempt...

What’s next for oil prices as OPEC+ deadlocks, with more talks set for Monday

Never underestimate OPEC’s reserves of last-minute drama. The Organization of the Petroleum Exporting Countries and its allies, including Russia, had appeared on track Thursday to...

How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy

Oil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the...

Oil prices surge to more than 2-year high ahead of OPEC+ meeting

Oil prices surged to the highest level in more than two years on Tuesday, as investors awaited a meeting of the Organization of the Petroleum...

Bitcoin at $250,000 in a year? This ‘rocket fuel’ will help it get there, says former Goldman Sachs alum

After a lackluster start to the week, stock futures are pointing higher, with beaten-down technology names possibly taking the lead. While the Nasdaq Composite COMP,...

Climate activist Greta Thunberg chides Sen. Ted Cruz’s preference for a ‘Pittsburgh Accord’

Teenage global climate-change activist Greta Thunberg, who can boast over 4.6 million followers on Twitter and her own postage stamp, welcomed U.S. President Joe Biden’s...