Latest Crude oil markets News

Stocks post small losses; investors look ahead to Fed

Jun. 14, 2019 5:02 PM EDT

NEW YORK (AP) — Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates. Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in banks and insurers...

Asian shares mixed over concerns about oil tankers, trade

Jun. 13, 2019 10:52 PM EDT

TOKYO (AP) — Asian shares were mixed Friday as investors weighed a variety of factors, including suspected attacks on two oil tankers in the strategic Strait of Hormuz and lingering worries about trade conflict between the U.S. and China. Japan's benchmark Nikkei 225 edged up 0.2% to 21,076.11 in morning...

Tankers struck near Strait of Hormuz; US blames Iran

Jun. 13, 2019 8:22 PM EDT

DUBAI, United Arab Emirates (AP) — The U.S. blamed Iran for suspected attacks on two oil tankers Thursday near the strategic Strait of Hormuz, denouncing what it called a campaign of "escalating tensions" in a region crucial to global energy supplies. The U.S. Navy rushed to assist the stricken vessels in...

The Latest: Iran urges regional dialogue to ease tensions

Jun. 13, 2019 8:07 PM EDT

DUBAI, United Arab Emirates (AP) — The Latest on Mideast developments amid rising tensions in the Persian Gulf region (all times local): 3:55 p.m. Iran's U.N. Mission is calling for an urgent dialogue among all countries in the Persian Gulf region to ease tensions following attacks on two oil tankers near...

Markets Right Now: Stocks rise, break short losing streak

Jun. 13, 2019 4:19 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing higher Thursday, led by gains in retailers and media and energy companies. Hess rose 2.9% and Halliburton gained 2.8% as an increase in oil prices boosted energy stocks. Oil rose 2.2% after two...

Oil surges on Mideast tanker incident, stocks rise

Jun. 13, 2019 8:06 AM EDT

SINGAPORE (AP) — World stocks mostly rose Thursday and energy prices surged after two oil tankers suffered a suspected attack in the Gulf of Oman, raising tensions over a key trade route for crude. The price of Brent crude oil, the international standard, jumped nearly 4% to $62.24 a barrel on the news. ...

Benchmark Brent crude oil rises 4% in trading to over $62 a barrel after oil tanker incident in Gulf of Oman

Jun. 13, 2019 2:58 AM EDT
DUBAI, United Arab Emirates (AP) — Benchmark Brent crude oil rises 4% in trading to over $62 a barrel after oil tanker incident in Gulf of Oman.

Asian shares mixed on jitters over Hong Kong protests

Jun. 13, 2019 12:12 AM EDT

SINGAPORE (AP) — Asian stocks were mixed on Thursday as protesters in Hong Kong vowed to keep opposing a proposed extradition bill they fear would whittle down the Chinese territory's legal autonomy. The protests threaten to shake confidence in the hub for many regional and international businesses and...

Markets Right Now: Stocks fall for the 2nd day in a row

Jun. 12, 2019 4:08 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are ending lower for the second day straight, dragged down by losses in technology companies and banks. Energy companies also fell Wednesday as the price of crude oil continued to decline. Investors shifted...

Stocks slip as protests shake Hong Kong, trade woes linger

Jun. 12, 2019 7:33 AM EDT

TOKYO (AP) — Global shares retreated Wednesday and Hong Kong's Hang Seng index fell sharply as thousands continued protests against proposed legislation that many city residents fear could further erode the territory's legal autonomy. In midday trading in Europe, Germany's DAX lost 0.4% to 12,104 and the...