Latest Crude oil markets News

Global stocks rise on hopes for US trade progress

Jan. 18, 2019 7:17 AM EST

BEIJING (AP) — Global stocks rose Friday after investors saw signs of possible progress toward a resolution of the U.S.-Chinese tariff war. KEEPING SCORE: In Europe, London's FTSE 100 gained 1.4 percent to 6,932 and Germany's DAX advanced 1.5 percent to 11,079. France's CAC 40 rose 1.6 percent to 4,872. On...

Chinese stocks rise on hopes for US trade progress

Jan. 18, 2019 12:15 AM EST

BEIJING (AP) — Chinese stocks rose Friday on signs of possible progress in negotiations over Beijing's tariff war with Washington. KEEPING SCORE: The Shanghai Composite Index advanced 0.8 percent to 2,579.76 and Hong Kong's Hang Seng gained 1 percent to 27,013.20. Tokyo's Nikkei 225 added 1.2 percent to...

Asian shares track Wall Street gains on robust US earnings

Jan. 16, 2019 11:39 PM EST

SINGAPORE (AP) — Asian shares were mostly higher Thursday after strong earnings reports lifted indexes on Wall Street. But a report that the U.S. was investigating China's Huawei for allegedly stealing trade secrets from American companies limited gains. KEEPING SCORE: Hong Kong's Hang Seng gained 0.4...

Asian stocks mixed on poor Japanese data, growth fears

Jan. 15, 2019 11:20 PM EST

SINGAPORE (AP) — Asian markets were mixed on Wednesday as poor Japanese data and worries about global growth put a damper on trading. KEEPING SCORE: Japan's Nikkei 225 index slipped 0.6 percent to 20,430.73 while South Korea's Kospi added 0.3 percent to 2,102.45. Hong Kong's Hang Seng fell 0.3 percent to...

World shares sink after China reports slowdown in exports

Jan. 14, 2019 8:29 AM EST

LONDON (AP) — Stock markets around the world drifted lower Monday after China reported a slowdown in exports dented the recent upturn in confidence. The British pound was steady ahead of a tumultuous week in British politics with lawmakers expected to vote against Prime Minister Theresa May's Brexit deal....

Saudi energy minister concerned about oil price volatility

Jan. 13, 2019 6:27 AM EST

ABU DHABI, United Arab Emirates (AP) — Saudi Arabia's energy minister said Sunday that major oil producers need to do better to narrow swings in prices that dip below $60 a barrel and rise above $86. "I think what we need to do is narrow the range ... of volatility," Khalid al-Falih said. "We need to do...

US stocks drift in a quiet close to another winning week

Jan. 11, 2019 4:48 PM EST

NEW YORK (AP) — U.S. stock indexes nestled a hair lower on Friday after the falling price of oil weighed on energy companies, but the S&P 500 nevertheless closed out its third straight winning week following a brutal stretch in December. It was a day full of broken streaks — oil fell for the...

Global stocks give up some gains after solid start to year

Jan. 11, 2019 8:15 AM EST

LONDON (AP) — Stock markets drifted lower Friday as investors booked some profits after an encouraging couple of weeks that have helped many of the world's leading indexes halve the losses notched up during a bleak end to 2018. KEEPING SCORE: In Europe, Germany's DAX slipped 0.4 percent to 10,879 while the...

Asian stocks rise on Fed restraint, U.S-China trade hopes

Jan. 10, 2019 11:23 PM EST

SINGAPORE (AP) — Asian markets were mostly higher on Friday as investors cheered a more restrained Federal Reserve and U.S.-China trade talks. KEEPING SCORE: Japan's Nikkei 225 index advanced 0.7 percent to 20,306.16 and South Korea's Kospi was 0.4 percent higher at 2,071.18. Hong Kong's Hang Seng rose 0.1...

Industrials lead US stocks higher again; Macy's nosedives

Jan. 10, 2019 5:52 PM EST

NEW YORK (AP) — A day of back-and-forth trading Thursday ended with the fifth gain in a row for U.S. stocks. Industrial companies like Boeing and General Electric rose while retailers fell as Macy's suffered its biggest loss of all time. Stocks struggled in the early going and the Dow Jones Industrial...