Latest Energy markets News

Oil prices fall as reality of weak global demand overtakes risk of wider war in Middle East

Oct. 28, 2024 22:18 PM EDT

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

Oct. 15, 2024 17:34 PM EDT

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

Oct. 15, 2024 16:22 PM EDT

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?

Oct. 04, 2024 16:54 PM EDT

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...