Latest Brent crude markets News

A woman wearing a face mask stands in front of a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, July 6, 2020. Asian stock markets rose Monday as investors looked ahead for data they hope will support optimism about a global economic recovery. (AP Photo/Vincent Yu)

Global stocks rise as investors look to economic data

Jul. 6, 2020 7:59 AM EDT

BEIJING (AP) — Global stock markets rose Monday as investors shrugged off worries about rising coronavirus infections in the United States and some other countries and focused on hopes for an economic recovery. Indexes in London and Frankfurt rose after Shanghai led a market rally in Asia earlier. Wall...

A woman wearing a face mask stands in front of a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, July 6, 2020. Asian stock markets rose Monday as investors looked ahead for data they hope will support optimism about a global economic recovery. (AP Photo/Vincent Yu)

Asia stocks rise as investors shrug off virus worries

Jul. 6, 2020 4:40 AM EDT

BEIJING (AP) — Asian stock markets rose Monday as investors shrugged off rising coronavirus cases in the United States and some other countries. Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia advanced. Markets rose last week after unexpectedly strong U.S. jobs data despite some American states...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 3, 2020. Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. (AP Photo/Eugene Hoshiko)

World stocks mostly dip with US closed for holiday

Jul. 3, 2020 12:47 PM EDT

World stock markets fell slightly in Europe on Friday after gains in Asia, with trading somewhat subdued by a long holiday weekend in the U.S. With Wall Street remaining closed in observance of Independence Day, Germany's DAX edged 0.6% lower to 12,528.18. The CAC 40 in Paris dropped 0.8% to 5,007.14, while...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 3, 2020. Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. (AP Photo/Eugene Hoshiko)

Asian shares advance following upbeat US jobs report

Jul. 2, 2020 11:27 PM EDT

Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. Tokyo's Nikkei 225 index picked up 0.3% to 22,220.33, while the Shanghai Composite index jumped 1.3% to 3,130.62. In South Korea, the Kospi gained 0.6% to 2,148.24, and Australia's S&P/ASX 200 rose 0.6% to 6,067.30....

Closing prices for crude oil, gold and other commodities

Jul. 2, 2020 3:40 PM EDT

Benchmark U.S. crude oil for August delivery rose 83 cents to settle at $40.65 a barrel Thursday. Brent crude oil for September delivery rose $1.11 to $43.14 a barrel. Wholesale gasoline for August delivery rose 4 cents to $1.26 a gallon. August heating oil rose 3 cents to $1.23 a gallon. August natural gas...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 2, 2020. Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. (AP Photo/Ahn Young-joon)

Asian stocks follow Wall Street higher on vaccine hopes

Jul. 2, 2020 12:04 AM EDT

Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all advanced. Investors were encouraged after Pfizer and BioNtech announced preliminary data from a...

Closing prices for crude oil, gold and other commodities

Jul. 1, 2020 3:32 PM EDT

Benchmark U.S. crude oil for August delivery rose 55 cents to settle at $39.82 a barrel Wednesday. Brent crude oil for September delivery rose 76 cents to $42.03 a barrel. Wholesale gasoline for August delivery rose 2 cents to $1.22 a gallon. August heating oil rose 2 cents to $1.20 a gallon. August natural gas...

A woman wearing a mask passes the New York Stock Exchange, Tuesday, June 30, 2020, during the coronavirus pandemic. (AP Photo/Mark Lennihan)

Asian shares up after Wall St closes best quarter since 1998

Jul. 1, 2020 12:00 AM EDT

TOKYO (AP) — Asian shares were mostly higher Wednesday after Wall Street capped its best quarter since 1998, shrugging off continued signs of global economic damage from the coronavirus pandemic. Japan's benchmark Nikkei 225 slipped 0.2% to 22,187.27. South Korea's Kospi rose 1.0% to 2,130.14. Australia's...

Closing prices for crude oil, gold and other commodities

Jun. 30, 2020 3:35 PM EDT

Benchmark U.S. crude oil for August delivery fell 43 cents to settle at $39.27 a barrel Tuesday. Brent crude oil for August delivery fell 56 cents to $41.15 a barrel. Wholesale gasoline for July delivery rose 2 cents to $1.20 a gallon. July heating oil rose 1 cent to $1.18 a gallon. August natural gas rose 4...

Shell takes $22 billion hit on lower oil, gas prices

Jun. 30, 2020 12:29 PM EDT

LONDON (AP) — Energy producer Royal Dutch Shell warned Tuesday it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the COVID-19 pandemic. With the virus outbreak hurting the long-term prospects of the global economy, the company said it continues “to...