Latest Crude oil markets News

US futures point to continued slump this week on Wall Street

Dec. 07, 2022 08:25 AM EST

Wall Street futures edged lower Wednesday ahead of new employment and wholesale price data with the Federal Reserve gauging its next step in its fight to cool inflation. Futures for the Dow Jones Industrials slipped 0.4% and the S&P 500 fell 0.7% just over an hour before the...

Stocks decline in Asia, extending losses on Wall Street

Dec. 06, 2022 23:29 PM EST

Shares fell in Asia on Wednesday after Wall Street declined on fears the Federal Reserve will need to keep the brakes on the economy to get inflation under control, risking a sharp recession. Oil prices were mixed. Tokyo's Nikkei 225 index slipped 0.6% to 27,727.53 and the Kospi in...

Closing prices for crude oil, gold and other commodities

Dec. 06, 2022 15:15 PM EST

Benchmark U.S. crude oil for January delivery fell $2.68 to $74.25 a barrel Tuesday. Brent crude for February delivery fell $3.33 to $79.35 a barrel. Wholesale gasoline for January delivery fell 5 cents to $2.15 a gallon. January heating oil fell 8 cents to $2.92 a gallon. January...

Asian shares lower as strong data hit hopes for dovish Fed

Dec. 05, 2022 23:18 PM EST

BANGKOK (AP) — Stocks were mostly lower in Asia on Tuesday after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation. Tokyo rose while other regional markets declined. U.S. futures gained and...

Closing prices for crude oil, gold and other commodities

Dec. 05, 2022 15:41 PM EST

Benchmark U.S. crude oil for January delivery fell $3.05 to $76.93 a barrel Monday. Brent crude for February delivery fell $2.89 to $82.68 a barrel. Wholesale gasoline for January delivery fell 8 cents to $2.20 a gallon. January heating oil fell 17 cents to $3 a gallon. January...

Closing prices for crude oil, gold and other commodities

Dec. 02, 2022 15:19 PM EST

Benchmark U.S. crude oil for January delivery fell $1.24 to $79.98 a barrel Friday. Brent crude for February delivery fell $1.31 to $85.57 a barrel. Wholesale gasoline for January delivery fell 6 cents to $2.28 a gallon. January heating oil fell 9 cents to $3.17 a gallon. January...

Asian shares sink on revived worries over recession, China

Dec. 02, 2022 00:33 AM EST

BANGKOK (AP) — Shares retreated in Asia on Friday after a mixed day on Wall Street as optimism over signs the Federal Reserve may temper its aggressive interest rate hikes was replaced by worries the economy might be headed for a recession. A U.S. measure of inflation that’s...

Closing prices for crude oil, gold and other commodities

Dec. 01, 2022 15:37 PM EST

Benchmark U.S. crude oil for January delivery rose 67 cents to $81.22 a barrel Thursday. Brent crude for February delivery fell 9 cents to $86.88 a barrel. Wholesale gasoline for January delivery fell 4 cents to $2.34 a gallon. January heating oil fell 10 cents to $3.26 a gallon....

Asian shares gain after Fed chair signals slower rate hikes

Nov. 30, 2022 23:18 PM EST

BANGKOK (AP) — Shares advanced in Asia on Thursday after a rally on Wall Street spurred by the Federal Reserve chair's comments on easing the pace of interest rate hikes to tame inflation. Signs that China may be shifting its approach to containing COVID-19 outbreaks to focus more...

Closing prices for crude oil, gold and other commodities

Nov. 30, 2022 15:22 PM EST

Benchmark U.S. crude oil for January delivery rose $2.35 to $80.55 a barrel Wednesday. Brent crude for January delivery rose $2.40 to $85.43 a barrel. Wholesale gasoline for December delivery rose 9 cents to $2.42 a gallon. December heating oil rose 6 cents to $3.36 a gallon. January...