Latest Crude oil markets News

A currency trader talks near the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 27, 2020. Major Asian stock markets have declined as US-Chinese tension over Hong Kong competes with optimism about recovery from the coronavirus pandemic. (AP Photo/Lee Jin-man)

Wall Street closes higher on economic revival hopes

May. 27, 2020 5:11 PM EDT

Stocks closed higher on Wall Street Wednesday, extending the market's gains into a third day on hopes for a coming economic revival as larger swaths of the country relax stay-at-home mandates imposed due to the coronavirus pandemic and clear the way for more businesses to reopen. Despite a choppy day of trading,...

Closing prices for crude oil, gold and other commodities

May. 27, 2020 5:03 PM EDT

Benchmark U.S. crude oil for July delivery fell $1.54 to settle at $32.81 a barrel Wednesday. Brent crude oil for July delivery dropped $1.43 to $34.74 a barrel. Wholesale gasoline for June delivery fell 6 cents to 99 cents a gallon. June heating oil slipped 2 cents to 97 cents a gallon. June natural gas lost 7...

A currency trader talks near the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 27, 2020. Major Asian stock markets have declined as US-Chinese tension over Hong Kong competes with optimism about recovery from the coronavirus pandemic. (AP Photo/Lee Jin-man)

Asia stocks mixed on uncertainty over Hong Kong security law

May. 26, 2020 11:48 PM EDT

Major Asian stock markets were mixed Wednesday as U.S.-Chinese tension over Hong Kong competed with optimism about recovery from the coronavirus pandemic. Benchmarks in Shanghai and Hong Kong retreated after the White House said a proposed national security law might jeopardize the Chinese territory's status as a...

Closing prices for crude oil, gold and other commodities

May. 26, 2020 5:49 PM EDT

Benchmark U.S. crude oil for July delivery rose $1.10 to settle at $34.35 a barrel Tuesday. Brent crude oil for July delivery rose 64 cents to $36.17 a barrel. Wholesale gasoline for June delivery rose 1 cent to $1.05 a gallon. June heating oil added 1 cent to 99 cents a gallon. June natural gas rose 6 cents to...

A woman wearing face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, May 26, 2020. Asian shares are rising as some regions in Japan resume near-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic. (AP Photo/Vincent Yu)

Asian shares up as recovery hopes overshadow virus worries

May. 25, 2020 11:59 PM EDT

TOKYO (AP) — Shares rose in Asia on Tuesday as some regions in Japan resumed close-to-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic. The market focus is shifting to how various nations are adapting to getting back to business, while striving...

A currency trader talks on the phone near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Monday, May 25, 2020. Asian shares are mostly higher, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Kong on Monday after police used tear gas to quell weekend protests over a proposed national security bill for the former British colony. (AP Photo/Lee Jin-man)

Asian shares climb, Tokyo gains on hopes for reopening

May. 25, 2020 12:14 AM EDT

TOKYO (AP) — Asian shares are mostly higher, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Kong on Monday after police used tear gas to quell weekend protests over a proposed national security bill for the former...

A man stands in front of an electronic stock board showing Japan's Nikkei 225 index as a track goes by at a securities firm in Tokyo Friday, May 22, 2020. Shares are slipping in Asia as tensions flare between the U.S. and China and as more job losses add to the economic fallout from the coronavirus pandemic. (AP Photo/Eugene Hoshiko)

Wall Street ends a choppy day mostly higher; crude oil falls

May. 22, 2020 5:08 PM EDT

Stock indexes finished mostly higher Friday as Wall Street shook off an early slide, closing out a solid week of gains for the market. The S&P 500 index inched up 0.2% after having been down 0.5%. It ended the week with a 3.2% gain, largely due to a big rally on Monday that offset all of the benchmark...

Closing prices for crude oil, gold and other commodities

May. 22, 2020 3:33 PM EDT

Benchmark U.S. crude oil for July delivery fell 67 cents, or 2%, to settle at $33.25 a barrel Friday. Brent crude oil for July delivery fell 93 cents, or 2.6% to $35.13 a barrel. Wholesale gasoline for June delivery fell 1 cent to $1.04 a gallon. June heating oil fell 1 cent to 98 cents a gallon. June natural...

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, May 21, 2020. Asian stock markets are mixed after Wall Street rose amid Chinese trade tension with Washington and Australia. Investors looked ahead to Friday’s meeting of China’s legislature for details of possible new steps by Beijing to stimulate its virus-battered economy.(AP Photo/Vincent Yu)

Asian shares fall on US friction with China, Hong Kong fears

May. 21, 2020 11:56 PM EDT

BANGKOK (AP) — Shares slipped in Asia on Friday as tensions flared between the U.S. and China and as more job losses compounded the economic fallout from the coronavirus pandemic. Hong Kong’s benchmark led regional losses, dropping 3.9% to 23,332.78 after the central government in Beijing said...

Closing prices for crude oil, gold and other commodities

May. 21, 2020 3:21 PM EDT

Benchmark U.S. crude oil for July delivery rose 43 cents, or 1.3%, to settle at $33.92 a barrel Thursday. Brent crude oil for July delivery rose 31 cents, or 0.9% to $36.06 a barrel. Wholesale gasoline for June delivery was little changed at $1.05 a gallon. June heating oil was also little changed at 99 cents a...