Latest Crude oil markets News

FILE - This June 30, 2020, file photo, shows the facade of the New York Stock Exchange. U.S. stocks are dipping modestly in early trading Tuesday, July 7, 2020, as expanding coronavirus outbreaks dim hopes for a speedy recovery. (AP Photo/Mark Lennihan, File)

Wall Street follows solid stock market rally with pullback

Jul. 7, 2020 4:59 PM EDT

Wall Street's recent string of big gains came to an abrupt stop Tuesday as stocks closed broadly lower following a pullback in markets overseas. The S&P 500 fell 1.1% after spending most of the day in the red. The sell-off snapped the index's five-day winning streak. Technology stocks, banks and companies...

Closing prices for crude oil, gold and other commodities

Jul. 7, 2020 4:04 PM EDT

Benchmark U.S. crude oil for August delivery fell 1 cent to settle at $40.62 a barrel Tuesday. Brent crude oil for September delivery dropped 2 cents to $43.08 a barrel. Wholesale gasoline for August delivery rose 3 cents to $1.27 a gallon. August heating oil was little changed at $1.24 a gallon. August natural...

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, July 7, 2020. Asian shares were mixed Tuesday, as some benchmarks were buoyed by an ongoing worldwide rally as investors bet on a dramatic economic turnaround amid ongoing challenges of the coronavirus outbreak. (AP Photo/Vincent Yu)

Asia markets slip as virus outbreaks mute hopes for rebound

Jul. 7, 2020 12:42 AM EDT

TOKYO (AP) — Markets were mostly lower in Asia on Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech shares that pushed the Nasdaq composite to another record high. Japan's benchmark Nikkei 225 dropped 0.6% to 22,577.65 and South Korea's Kospi...

Closing prices for crude oil, gold and other commodities

Jul. 6, 2020 3:51 PM EDT

Benchmark U.S. crude oil for August delivery fell 2 cents to settle at $40.63 a barrel Monday. Brent crude oil for September delivery rose 30 cents to $43.10 a barrel. Wholesale gasoline for August delivery slipped 2 cents to $1.24 a gallon. August heating oil rose 1 cent to $1.24 a gallon. August natural gas...

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...