Updated Jan. 16, 2024 4:34 pm ET Stocks opened the week lower, hinting at why some…
Tag: Crude Oil Markets
WSJ News Exclusive | Shell Suspends Red Sea Shipments Amid Fears of More Houthi Attacks
Updated Jan. 16, 2024 12:30 pm ET British oil major Shell suspended all shipments through the…
Tech Giants Drive Stock Rebound
U.S. shares posted solid gains Monday, easing investor anxieties after the market’s rough start to 2024…
U.S. Crude Oil Stocks Fell 5.5 Million Barrels in Week Ended Dec. 29
U.S. crude oil inventories fell more than expected last week, while stocks of gasoline and distillate…
Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
Head of state. Commander in chief. Oil-trading whale? President Biden’s unprecedented release of oil from America’s…
Why Oil Prices Never Surged to $100 This Year
Travelers, truckers and shippers worldwide can thank the U.S. for helping keep a lid on oil…
Stocks Rise to Start Last Trading Week of Year
Major indexes advanced to start the holiday-shortened trading week, with stocks looking to close out a…
OPEC Is Losing Its Mojo on Wall Street
Throttling back on oil production hasn’t helped OPEC and its allies to push up crude prices…
U.S. Crude Oil Inventories Fall by 4.6 Million Barrels in Week
U.S. crude oil inventories fell more than expected last week as U.S. refiners continued to raise…