Home Tags Commodities
Stocks surrendered gains Tuesday after President Donald Trump threatened to shut down parts of the federal government over funding for a border wall.
Italian oil company Eni said it has made a new oil discovery in offshore Angola.
Sustainable finance has become more and more commonplace in the commodities industry.
After becoming the world's largest oil producer this year, US influence in the energy market has continued to grow.
Washington will reinstate sanctions against Tehran on Monday, including some that ban the purchase of Iranian oil. Here's what you need to know.
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.
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.
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.
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.
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.