Latest Brent crude markets News

Asia shares trading lower as inflation worries cloud outlook

May. 24, 2022 01:57 AM EDT

TOKYO (AP) — Asian shares were lower on Tuesday as worries over inflation tempered optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports. Benchmarks fell in Japan, Australia, South Korea and China, although some of the...

Asian shares mostly lower as inflation worries cloud outlook

May. 23, 2022 23:00 PM EDT

TOKYO (AP) — Asian shares were mostly lower on Tuesday as worries over inflation tempered optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports. Benchmarks fell in Tokyo, Seoul, Shanghai and Hong Kong but rose slightly in...

Closing prices for crude oil, gold and other commodities

May. 23, 2022 15:23 PM EDT

Benchmark U.S. crude oil for July delivery rose 1 cent to $110.29 a barrel Monday. Brent crude for July delivery rose 87 cents to $113.42 a barrel. Wholesale gasoline for June delivery fell 4 cents to $3.80 a gallon. June heating oil rose 3 cents to $3.77 a gallon. June natural gas...

Asian shares mixed after Wall St barely misses bear market

May. 22, 2022 23:22 PM EDT

Shares are mixed in Asia in cautious trading after Wall Street rumbled to the edge of a bear market on Friday. Tokyo and Sydney were higher Monday while Hong Kong and Shanghai declined. Investors were awaiting minutes from the latest policy setting meeting of the...

Closing prices for crude oil, gold and other commodities

May. 20, 2022 15:17 PM EDT

Benchmark U.S. crude oil for June delivery rose $1.02 to $113.23 a barrel Friday. Brent crude for July delivery rose 51 cents to $112.55 a barrel. Wholesale gasoline for June delivery rose 1 cent to $3.84 a gallon. June heating oil fell 5 cents to $3.74 a gallon. June natural gas...

Asian stocks rise after Wall St slips closer to bear market

May. 20, 2022 00:34 AM EDT

BEIJING (AP) — Asian stock markets rose Friday after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation edged higher. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices fell more than $1 per barrel. ...

Closing prices for crude oil, gold and other commodities

May. 19, 2022 15:30 PM EDT

Benchmark U.S. crude oil for June delivery rose $2.62 to $112.21 a barrel Thursday. Brent crude for July delivery rose $2.93 to $112.04 a barrel. Wholesale gasoline for June delivery rose 11 cents to $3.83 a gallon. June heating oil rose 12 cents to $3.79 a gallon. June natural gas...

Asian shares track Wall Street's inflation-fueled retreat

May. 18, 2022 22:36 PM EDT

TOKYO (AP) — Shares dropped sharply in Asia on Thursday after a broad retreat on Wall Street triggered by dismal results from major retailer Target that renewed worries over the impact of high inflation. Hong Kong’s Hang Seng led the declines, dropping 3.1%, while Tokyo’s...

Closing prices for crude oil, gold and other commodities

May. 18, 2022 15:18 PM EDT

Benchmark U.S. crude oil for June delivery fell $2.81 to $109.59 a barrel Wednesday. Brent crude for July delivery fell $2.82 to $109.11 a barrel. Wholesale gasoline for June delivery fell 22 cents to $3.72 a gallon. June heating oil fell 13 cents to $3.67 a gallon. June natural gas...

Asia stocks mixed after Wall St gain, Powell warns on rates

May. 17, 2022 23:33 PM EDT

BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rose and the Federal Reserve's chairman said it will raise interest rates further if needed to cool inflation. Shanghai and Hong Kong declined. Tokyo and Seoul advanced. Oil prices rose to stay above $110 per...