Latest Energy markets News
Oil prices fall as reality of weak global demand overtakes risk of wider war in Middle East
Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared. Prices for crude spiked globally on Oct. 2 after Iran fired nearly 200 missiles into Israel, part of a...
Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop
NEW YORK (AP) — Wall Street pulled back from its records on Tuesday after the price of crude oil tumbled and technology stocks faltered. The S&P 500 fell 0.8%, a day after setting an all-time high for the 46th time this year. The Dow Jones Industrial Average dropped 324...
How major US stock indexes fared Tuesday, 10/15/2024
U.S. stocks pulled back from their records as the price of crude oil tumbled again and technology stocks faltered. The S&P 500 fell 0.8% Thursday, a day after setting an all-time high for the 46th time this year. The Dow Jones Industrial Average dropped 0.8%, and the Nasdaq composite sank 1%....
What's next for oil and gas prices as Middle East tensions heat up?
Oil prices climbed this week as tensions in the Middle East escalated. Iran launched missiles at Israel and the Israelis threatened retaliation, raising the possibility of a disruption to the flow of oil from the region. A jump in oil prices automatically spurs fear of a spike in gas prices, but...
Oman state-run oil firm OQ will make initial public offering and potentially seek billions
DUBAI, United Arab Emirates (AP) — An Omani state-run oil and gas company announced Monday it will make an initial public offering of its exploration and production business, potentially seeking billions in a major move toward privatization in the sultanate. OQ, formerly known as...
