Latest Crude oil markets News

Stocks dip as oil prices and energy companies fall sharply

May. 25, 2018 4:39 PM EDT

NEW YORK (AP) — Energy companies and oil prices took their worst losses in months Friday on reports OPEC countries plan to produce more oil soon. Stock indexes finished an indecisive week with small losses. U.S. crude oil sank 4 percent after multiple reports indicated that Russia and OPEC could start...

Asian shares lower as NKorea cancellation adds uncertainty

May. 24, 2018 11:40 PM EDT

HONG KONG (AP) — Asian stock indexes were mostly lower Friday as investors factored in fresh geopolitical uncertainty following the abrupt cancellation of a meeting between the U.S. and North Korean leaders. KEEPING SCORE: Japan's benchmark Nikkei 225 index rose 0.1 percent to 22,457.20 but South Korea's...

Asian shares mixed after Fed gives Wall Street a boost

May. 24, 2018 12:12 AM EDT

BANGKOK (AP) — Shares were mixed in Asia on Thursday after U.S. stocks reversed early losses and finished higher as investors appraised the Federal Reserve's signal that it is not in a hurry to raise interest rates. KEEPING SCORE: Japan's Nikkei 225 index fell 1.2 percent to 22,418.18 and the Kospi in...

Asian shares fall amid worries over US-China trade, Koreas

May. 22, 2018 11:48 PM EDT

TOKYO (AP) — Asian indexes were mostly lower on Wednesday as investors shifted their attention to uncertainties over a planned U.S.-North Korea summit after the perk from eased U.S.-China trade tensions faded. KEEPING SCORE: Japan's benchmark Nikkei 225 dipped 1.3 percent to 22,661.88, while Australia's...

Stocks mixed amid US-China trade talks, Italian politics

May. 22, 2018 7:14 AM EDT

BEIJING (AP) — Global stock markets were mixed Tuesday as investors watched developments in the U.S.-China trade relations and Italy's move toward forming a euroskeptic government. KEEPING SCORE: London's FTSE 100 was up 0.2 percent to 7,870 and Germany's DAX added 0.1 percent to 13,092. France's CAC 40...

Asian markets mostly lower after Wall Street gains

May. 21, 2018 10:30 PM EDT

BEIJING (AP) — Asian markets were mostly lower Tuesday after Wall Street gained as Italy moved toward forming a euroskeptic-led government. KEEPING SCORE: The Shanghai Composite Index declined 0.2 percent to 3,208.20 and Sydney's S&P-ASX 200 lost 0.7 percent to 6,039.20. Tokyo's Nikkei 225 edged up 4...

Stocks are higher as US, China put trade war on hold

May. 21, 2018 8:14 AM EDT

SEOUL, South Korea (AP) — Global stock markets rose on Monday as the United States and China put a trade war on hold, clearing some uncertainty for investors. KEEPING SCORE: Britain's FTSE 100 was up 0.6 percent at 7,823 and France's CAC 40 rose 0.5 percent to 5,642. The German market was closed for a...

Asian markets higher as US, China put trade war on hold

May. 21, 2018 12:16 AM EDT

SEOUL, South Korea (AP) — Asian stock markets were higher on Monday as investors cheered the outcome of negotiations between the United States and China that put a trade war on hold, clearing uncertainty. KEEPING SCORE: Japan's Nikkei 225 rose 0.5 percent to 23,042.54. Hong Kong's Hang Seng jumped 1.2...

US stock indexes cap choppy trading week with a mixed finish

May. 18, 2018 4:47 PM EDT

Despite a choppy week of trading and a mixed finish for U.S. stocks, the market extended its recent streak of relative calm Friday. The S&P 500, the market's benchmark index, notched its 10th day in a row without a gain or drop of 1 percent or more. That's the longest stretch going back to January 26, when...

Global stocks mixed on backdrop of US-China talks

May. 18, 2018 7:46 AM EDT

SEOUL, South Korea (AP) — Global stock markets were mixed on Friday as U.S. and Chinese officials held a new round of talks seeking to avert a trade war between the world's two largest economies. KEEPING SCORE: Britain's FTSE 100 fell 0.2 percent to 7,773 a day after closing at a record high, while...