Latest Crude oil markets News

World stocks subdued as Wall Street eyes new record highs

Apr. 24, 2019 7:31 AM EDT

BANGKOK (AP) — Stock markets were subdued in Europe and Asia on Wednesday as investors look to corporate earnings for clues on whether the S&P 500 will hit another all-time record close. The FTSE 100 in Britain lost 0.3% to 7,502 while the CAC 40 in France was flat at 5,590. The DAX in Germany gained...

Asian markets lower after S&P 500, Nasdaq hit record highs

Apr. 24, 2019 1:09 AM EDT

BANGKOK (AP) — Shares were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam. Japan's Nikkei 225 index lost 0.6% to 22,136.56 and the Hang Seng in Hong Kong fell 0.9% to 29,707.64. The Shanghai Composite index...

S&P 500, Nasdaq close at record highs as earnings roll in

Apr. 23, 2019 7:54 PM EDT

The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year. The benchmark index's previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war between the U.S....

Oil prices climb in wake of Iranian oil sanctions decision

Apr. 23, 2019 5:55 PM EDT

NEW YORK (AP) — Global oil prices are rising in the wake of President Donald Trump's decision to impose sanctions on nations that import Iranian oil and could eventually climb to levels that would impact American consumers. Analysts said Tuesday that by taking Iranian crude off the market, the price of...

Oil prices spike further after US move on Iran buyers

Apr. 23, 2019 7:56 AM EDT

LONDON (AP) — Oil prices remained near six-month highs Tuesday in the wake of the Trump administration's announcement that it would soon impose sanctions on all buyers of Iranian oil. On Monday, the Trump administration said it would no longer exempt any countries from U.S. sanctions if they continue to...

Asian stocks mixed, oil soars on Iran sanctions worries

Apr. 22, 2019 11:35 PM EDT

SINGAPORE (AP) — Asian stocks were mixed on Tuesday while oil prices soared to their highest level since October after the U.S. said it would soon impose sanctions on all buyers of Iranian oil. Japan's Nikkei 225 index lost 0.2% to 22,165.41. The Kospi in South Korea was less than 0.1% higher at 2,217.31...

The Latest: Iran brushes off US decision on sanction waivers

Apr. 22, 2019 12:09 PM EDT

WASHINGTON (AP) — The Latest on U.S. sanctions on countries importing Iranian oil (all times local): 12:05 p.m. Iran has brushed off the Trump administration's decision to stop exempting countries from U.S. sanctions on its oil exports. In a statement carried by the official IRNA news agency on Monday, the...

World markets mixed, oil rises on Iran concerns

Apr. 22, 2019 6:02 AM EDT

BEIJING (AP) — World stock markets were mostly lower while oil prices surged for a second day Monday following reports Washington wants to block Iranian exports. Benchmarks in Shanghai and India sank while Tokyo and Seoul were little changed. London, Frankfurt, Hong Kong and Sydney were closed for...

Asian markets mixed in post-Easter trading

Apr. 21, 2019 11:56 PM EDT

BEIJING (AP) — Asian stock markets were mixed Monday following the Easter holiday weekend as investors looked ahead to U.S. and Japanese economic data. Benchmarks in Tokyo and Seoul gained while Shanghai retreated. Hong Kong and Sydney were closed for the holiday. On Wall Street, the benchmark Standard...

Global stocks modestly higher in quiet holiday trading

Apr. 19, 2019 4:40 AM EDT

TOKYO (AP) — Global stock indexes were mostly moderately higher in quiet holiday trading on Good Friday as some markets were closed. Trading was closed in France, Germany and the U.K. Japan's benchmark Nikkei 225 edged up 0.5% to finish at 22,200.56. South Korea's Kospi inched up 0.1% to2,216.15. The...