Latest Heating oil markets News

US stocks wobble at the end of another shaky week of trading

Oct. 19, 2018 7:10 PM EDT

NEW YORK (AP) — U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued to sell former favorites like retailers. Household goods makers rose again as a week of choppy trading concluded. Stocks surged in early trading after better-than-expected reports from...

Business Highlights

Oct. 17, 2018 4:48 PM EDT

___ Tesla secures land in Shanghai for first factory outside US BEIJING (AP) — Electric auto brand Tesla Inc. says it has secured land in Shanghai for its first factory outside the United States, pushing ahead despite mounting U.S.-Chinese trade tensions. The California-based company announced plans for...

Tech stock rally helps snap losing streak as rough week ends

Oct. 12, 2018 4:43 PM EDT

NEW YORK (AP) — Stocks rebounded Friday, clawing back some of the week's steep losses, but the turbulent trading of the last few days left no doubt that the relative calm the markets enjoyed all summer had been shattered. Major U.S. indexes ended the week down about 4 percent, their worst weekly loss in...

Staying warm this winter may cost more for American families

Oct. 11, 2018 5:06 PM EDT

PORTLAND, Maine (AP) — The cost of staying warm this winter is going to grow for the average American, and it's going to be especially painful for those who rely on heating oil, a federal agency said. The U.S. Energy Information Administration forecasts a 20 percent increase in spending for heating oil but...

Asian stocks mixed after IMF downgrades economic outlook

Oct. 8, 2018 11:49 PM EDT

SINGAPORE (AP) — Asian markets are mixed after the IMF downgraded its economic outlook, citing rising interest rates and mounting tensions over trade. KEEPING SCORE: Japan's benchmark Nikkei 225 fell 1.1 percent to 23,513.20. Hong Kong's Hang Seng added 0.3 percent to 26,289.24. The Shanghai Composite...

Asian shares turn lower after strong day on Wall Street

Oct. 4, 2018 12:06 AM EDT

BANGKOK (AP) — Shares fell Thursday in Asia despite a strong day on Wall Street that was spurred by encouraging signs on U.S. hiring and growth in the service sector. KEEPING SCORE: Hong Kong's Hang Seng index sank 1.8 percent to 26,612.23 and Japan's Nikkei 225 index lost 0.7 percent to 23,941.51. The...

Asian shares mixed after US Fed lifts interest rate

Sep. 26, 2018 11:47 PM EDT

SINGAPORE (AP) — Asian markets were mixed on Thursday after the U.S. Federal Reserve lifted its key interest rate as expected for the third time this year. KEEPING SCORE: Japan's Nikkei 225 dropped 0.3 percent to 23,952.30. South Korea's Kospi, which reopened after a national holiday, added 0.5 percent to...

Asian stocks follow Wall Street higher

Sep. 20, 2018 11:50 PM EDT

BEIJING (AP) — Asian stocks rose Friday after Wall Street hit a new high and a survey showed Japanese manufacturing accelerating. KEEPING SCORE: Tokyo's Nikkei 225 rose 0.5 percent to 23,793.35 and Hong Kong's Hang Seng added 0.9 percent to 27,712.47. The Shanghai Composite Index climbed 0.3 percent,...

Asian shares track optimism on Wall Street over tariffs

Sep. 19, 2018 11:28 PM EDT

SINGAPORE (AP) — Asian markets were mostly higher on Thursday with narrow trading after news of a fresh round of tariffs by the U.S. on $200 billion in Chinese goods received a muted reaction on Wall Street. KEEPING SCORE: Japan's Nikkei 225 was flat at 23,672.91, ahead of the ruling Liberal Democratic...

Asian shares rise as traders shrug off new China-US tariffs

Sep. 19, 2018 12:06 AM EDT

TOKYO (AP) — Asian shares were mostly higher Wednesday, despite jitters over the escalating trade dispute between the U.S. and China. KEEPING SCORE: Japan's benchmark Nikkei 225 added 1.4 percent in early trading to 23,741.29. Australia's S&P/ASX 200 rose 0.4 percent to 6,195.70. South Korea's Kospi...