Annual inflation eased modestly in August to 8.3% from a year earlier, largely due to a…
Tag: Crude Oil Markets
U.S. Gasoline Prices Are Down 13 Weeks in a Row
U.S. gasoline prices have fallen for 13 weeks in a row, the longest consecutive weekly slide…
Oil Prices Slump as Recession Fears Grow
Another turbulent week in oil markets carried crude prices to their lowest point since January, with…
How a CEO Rescued a Big Bet on Big Oil; ‘There Were a Lot of Doubters’
Occidental Petroleum’s Vicki Hollub fended off a shareholder revolt led by Carl Icahn. Lifted by rising…
Stock Futures Waver Ahead of ECB Meeting, Fed Comments
U.S. stock futures flitted between gains and losses as investors awaited a European Central Bank policy…
OPEC+’s Warning Shot
Russia is using natural gas to punish Europe. Oil hasn’t yet been similarly weaponized, but talk…
OPEC+ Agrees to Small Production Cut Amid Recession Fears
OPEC+ agreed Monday to cut oil production for the first time in over a year, delegates…
Gasoline Prices Extend Declines Into Labor Day Weekend
Sept. 1, 2022 11:38 am ET Listen to article (2 minutes) Millions of drivers hitting the…
Stock Futures Decline Ahead of Jobs, Manufacturing Data
U.S. stock futures slipped, putting indexes on course to fall for a fifth consecutive day as…