Home Tags Commodities

Tag: Commodities

The Dow erases more than 300-point gain after Trump threatens government shutdown

Stocks surrendered gains Tuesday after President Donald Trump threatened to shut down parts of the federal government over funding for a border wall.

Italy’s state-backed oil giant makes a major discovery off the shores of Angola

Italian oil company Eni said it has made a new oil discovery in offshore Angola.
Sustainability loans are luring firms from some of the murkiest industries

The loan market has a new reward — and punishment — system to force firms to be climate friendly

Sustainable finance has become more and more commonplace in the commodities industry.

The US is becoming a force to be reckoned with in the oil market

After becoming the world's largest oil producer this year, US influence in the energy market has continued to grow.

Here’s why Trump wants to shut Iran out of the oil market

Washington will reinstate sanctions against Tehran on Monday, including some that ban the purchase of Iranian oil. Here's what you need to know.
An American flag hangs on the side of a Southern oil refinery.

Oil tumbles below $70, hits lowest level in nearly a month

Oil prices tumbled Wednesday to their lowest level since September after government data showed US inventories rose more than expected and as stocks paused an earlier rebound.
Traders work on the floor of the NYSE in New York

The Dow sinks more than 200 points

The three major US indices slipped Wednesday as an earnings-fueled rally lost steam and ahead of Federal Reserve meeting minutes, with Wall Street still on edge following a sell-off that had battered global stocks last week.

Saudi Arabia using the ‘oil weapon option’ could cause prices to soar to $150

While Saudi Arabia isn't likely to follow through with what many saw as a veiled threat to pressure the energy market if the West imposes sanctions against Riyadh, analysts aren't ruling that scenario out.
Traders celebrate after the closing bell on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., February 6, 2018.

The Dow jumps as much as 400 points

Following the worst couple of days on Wall Street since February, stocks staged a recovery on Friday amid signs inflationary pressures remain in check despite a humming economy, and as earnings season kicked off with strong postings from major banks.

Stocks swing between gains and losses after Wall Street’s worst day in 8 months

Wall Street opened below key levels Thursday but found some relief from tamer-than-expected inflation data, a day after worries about rising rates and trade tensions sparked a sharp sell-off in global markets.