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Posts Tagged

Oil

Stock futures are flat Tuesday as Dow and S&P 500 look to extend 4-day winning streak

Stock futures were little changed Tuesday as investors weighed a spike in oil prices that led the S&P 500 higher to start the new trading month.

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S&P 500, Nasdaq futures slide on oil spike as second-quarter trading begins

S&P 500 futures were lower as a spkie in oil price added another threat to an economy already struggling from Federal Reserve rate hikes and recent turmoil in the banking sector.

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Oil rises on China demand hopes, concerns on supply outlook

Oil prices rose on Monday amid optimism over China’s demand recovery, concerns that underinvestment will crimp future oil supply and as major producers keep output limits in place.

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Oil prices rise as China eases COVID curbs, U.S. storm fuels supply worries

Oil prices rose to three-week highs on Tuesday as China’s latest easing of COVID-19 restrictions spurred fuel demand hopes, while concerns that winter storms across the United States are affecting energy production continued to support prices.

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Oil drops as Russian price cap proposal eases concerns about tight supply

Oil declined on Thursday, hovering around two-month lows, as the Group of Seven(G7) nations’ proposed range for a price cap on Russian oil was higher than current trading levels, alleviating concerns over tight supply.

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Oil falls as China widens COVID curbs; still set for weekly gain

Oil prices fell on Friday after China, the world’s top crude oil importer, widened its COVID-19 curbs, but were poised for a weekly gain on supply concerns ahead of Europe’s pending cut-off of Russian imports.

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Oil climbs on China’s fuel demand recovery hopes

Oil prices rose on Monday after China rolled over liquidity measures to help its pandemic-hit economy, igniting hopes for a better fuel demand outlook from the world’s top crude importer.

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S&P 500 futures are little changed after a late day rally and ahead of Fed minutes

U.S. equities futures were little changed on Wednesday morning after the market staged a big midday reversal on Tuesday, with falling bond yields giving a boost to growth stocks, and ahead of a batch of economic data.

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Oil prices reverse losses, gain on tight supply concerns

Oil prices reversed losses and edged up on Monday as concerns of tight supply amid lower OPEC output, unrest in Libya and sanctions on Russia outweighed fears of a global recession.

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Oil prices climb above $120 a barrel ahead of EU meeting on Russia sanctions

Oil prices climbed above $120 a barrel on Monday, hitting their highest in more than two months, as traders waited to see whether a European Union meeting would reach an agreement on banning Russian oil imports.

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