Latest Crude oil markets News

Asian shares slide after more losses on Wall Street

Jan. 20, 2022 23:06 PM EST

BANGKOK (AP) — Shares were lower in Asia on Friday after a late afternoon sell-off wiped out gains for stocks on Wall Street. Tokyo fell 1.4% after Toyota Motor Corp. announced production cuts due to parts shortages. Other major regional markets also fell. Oil prices slipped,...

Asian stocks rise after China rate cuts, Japan export gain

Jan. 19, 2022 22:20 PM EST

BEIJING (AP) — Asian stock markets rose Thursday after China cut interest rates to shore up flagging economic growth and Japan reported a double-digit rise in exports. Benchmarks in Shanghai, Tokyo, Hong Kong and Seoul advanced. On Wall Street, the benchmark S&P...

Asian shares mostly lower after retreat on Wall Street

Jan. 18, 2022 23:07 PM EST

TOKYO (AP) — Asian shares fell in cautious trading on Wednesday after stocks on Wall Street sank to a new low for the year. Tokyo, Shanghai, Seoul and Sydney were lower while Hong Kong edged higher. Technology shares led the decline Tuesday on Wall Street....

Asia shares mostly higher after US holiday; BOJ stands pat

Jan. 17, 2022 23:16 PM EST

TOKYO (AP) — Asian shares were mostly higher Tuesday in the absence of big market-moving news following a national holiday in the U.S. The Bank of Japan wrapped up a two-day policy meeting with no major changes. The benchmark interest rate remains at a longstanding minus 0.1%. ...

World shares mixed after China reports slowing growth

Jan. 17, 2022 03:31 AM EST

BANGKOK (AP) — World shares were mixed on Monday after China reported that its economy expanded at an 8.1% annual pace in 2021, though growth slowed to half that level in the last quarter. Paris, Frankfurt, Tokyo and Shanghai advanced while Hong Kong and Seoul declined. ...

Asian shares mixed after China reports slowing growth

Jan. 16, 2022 22:32 PM EST

BANGKOK (AP) — Shares were mixed in Asia on Monday after China reported that its economy expanded at an 8.1% annual pace in 2021, though growth slowed to half that level in the last quarter. Tokyo, Shanghai and Sydney rose, while Hong Kong and Seoul declined. The...

Gas prices dip in NJ, unchanged around nation at large

Jan. 15, 2022 13:43 PM EST

TRENTON, N.J. (AP) — Gas prices dipped slightly in New Jersey and remained unchanged around the nation despite an increase in crude oil prices. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.37, down a penny from...

Asian shares skid, tracking Wall Street retreat

Jan. 13, 2022 22:53 PM EST

BANGKOK (AP) — Asian shares slipped Friday after a retreat on Wall Street that left the Nasdaq composite down 2.5%. Tokyo fell nearly 2% and Hong Kong, Shanghai and Seoul also were lower. China reported its global trade surplus surged nearly 30% in 2021 to $676.4...

Closing prices for crude oil, gold and other commodities

Jan. 13, 2022 15:22 PM EST

Benchmark U.S. crude oil for February delivery fell 52 cents to $82.12 a barrel Wednesday. Brent crude for March delivery fell 20 cents to $84.47 a barrel. Wholesale gasoline for February delivery fell 1 cent to $2.38 a gallon. February heating oil rose 2 cents to $2.61 a gallon....

Asian stocks mixed as inflation augurs Fed rate hikes

Jan. 12, 2022 23:19 PM EST

BANGKOK (AP) — Shares were mostly lower in Asia on Thursday after the latest report of surging prices in the U.S. appeared to keep the Federal Reserve on track to raise interest rates in coming months. Tokyo, Shanghai and Seoul were lower while Hong Kong and Sydney advanced. U.S....