Latest Crude oil markets News

Asian stocks higher after Fed says rate hikes may be needed

Jul. 07, 2022 01:17 AM EDT

BEIJING (AP) — Asian stock markets gained Thursday after the Federal Reserve said higher U.S. interest rates might be needed to cool inflation. Shanghai, Tokyo and Sydney advanced. Hong Kong declined. Oil prices edged higher after falling below $100 per barrel this week. ...

Asian stocks higher after Fed says rate hikes may be needed

Jul. 06, 2022 23:34 PM EDT

BEIJING (AP) — Asian stock markets gained Thursday after the Federal Reserve said higher U.S. interest rates might be needed to cool inflation. Shanghai, Tokyo and Sydney advanced. Hong Kong declined. Oil prices fell more than $1 per barrel to stay below $100. Wall...

Closing prices for crude oil, gold and other commodities

Jul. 06, 2022 15:17 PM EDT

Benchmark U.S. crude oil for August delivery fell 97 cents to $98.53 a barrel Wednesday. Brent crude for September delivery fell $2.08 to $100.69 a barrel. Wholesale gasoline for August delivery fell 9 cents to $3.24 a gallon. August heating oil fell 19 cents to $3.41 a gallon....

Asian benchmarks mostly lower after tepid Wall St session

Jul. 06, 2022 00:29 AM EDT

TOKYO (AP) — Asian shares were mostly lower Wednesday after tepid trading on Wall Street amid worries about a global recession. Major benchmarks fell across Asia. Oil prices recouped some lost ground after plunging on Monday. Analysts said markets were focusing on a variety of...

How major US stock indexes fared Tuesday 7/5/2022

Jul. 05, 2022 16:32 PM EDT

Major stock indexes shook off an early slump and ended with meager gains on Wall Street Tuesday as worries about the economy continue to weigh on markets. Oil prices slumped, bringing the price of U.S. crude back below $100 a barrel for the first time since early May. Tech stocks...

Closing prices for crude oil, gold and other commodities

Jul. 05, 2022 15:24 PM EDT

Benchmark U.S. crude oil for August delivery fell $8.93 to $99.50 a barrel Tuesday. Brent crude for September delivery fell $10.73 to $102.70 a barrel. Wholesale gasoline for August delivery fell 36 cents to $3.33 a gallon. August heating oil fell 34 cents to $3.60 a gallon. August...

Asia shares rise on optimism about easing COVID restrictions

Jul. 05, 2022 00:24 AM EDT

TOKYO (AP) — Asian shares advanced Monday across the board as buying set in after the lull of a U.S. national holiday. Analysts said the optimism may be driven by expectations the U.S. may decide to cut Chinese tariffs, a welcome move that would also help tame inflation. ...

World shares mostly higher ahead of July 4 holiday in US

Jul. 04, 2022 05:34 AM EDT

BANGKOK (AP) — World shares are mostly higher while U.S. futures fell ahead of the July 4 holiday in the U.S. Benchmarks rose in London, Paris, Frankfurt and Tokyo but fell in Hong Kong and Seoul. Last week was the fourth losing week in the last five for Wall Street as investors...

Closing prices for crude oil, gold and other commodities

Jul. 01, 2022 15:52 PM EDT

Benchmark U.S. crude oil for August delivery rose $2.67 to $108.43 a barrel Friday. Brent crude for September delivery rose $2.60 to $111.63 a barrel. Wholesale gasoline for August delivery rose 15 cents to $3.69 a gallon. August heating oil rose 11 cents to $3.94 a gallon. August...

Asian shares mostly lower after pessimistic 'tankan' survey

Jun. 30, 2022 23:50 PM EDT

TOKYO (AP) — Asian benchmarks were mostly lower on Friday, echoing a decline on Wall Street, after a quarterly report by Japan’s central bank rekindled worries about the world’s third largest economy. Recent data suggest global growth is slowing as countries grapple with...