Home Tags Oil

Tag: Oil

A man stands in front of an electronic board showing stock information at a brokerage house in Hefei, Anhui province, in China.

World stocks are slumping as bad economic data point to a global slowdown

Asian, European and US stocks fell on Thursday as weak German, French, and South Korean data offset earnings beats by Microsoft and Facebook.

Trump’s Iran sanctions are ‘the ultimate high wire act for oil prices,’ analysts say

As President Donald Trump moves to shut Iran out of the oil market, other top producers are facing output disruptions.
The Charging Bull statue, also known as the Wall St. Bull, is seen in the financial district of New York City

US stocks rally again to record highs as earnings smash expectations — ‘Is it different this time?’

Better-than-expected earnings unleashed a wave of optimism in the US, sending the S&P 500 to its "third big high." Asia and Europe weren't as upbeat.

Oil prices soar after Trump tightens his squeeze on Iran, while Tehran threatens to close one of the world’s most important shipping lanes in re...

Oil prices hit a six-month high after the White House decided not to renew waivers due to expire in May for Iranian crude buyers.

11 mind-blowing facts about Texas’ economy

Texas is experiencing a booming economy, with rapid advancements in many sectors not traditionally associated with the Lone Star State.

Oil jumps to nearly 6-month high after the Trump administration announces plans to send Iranian exports to zero

Oil prices jumped on Monday after the US announced plans to ratchet up energy sanctions against Iran.

Traders are holding their breath on evidence of a first earnings recession for three years

Global stocks were mixed on Friday as markets waited to see if US bank earnings would fuel fears of a first-half earnings recession.
A contract worker rakes oil from the Deepwater Horizon oil spill off a beach in Grand Isle, Louisiana.

Oil-eating microbes found in the deepest part of the ocean could help clean up man-made oil spills

Scientists found oil-eating bacteria in the deepest part of the Mariana Trench. These microbes could help clean up oil spills on the ocean surface.

Stocks are rallying on hopes that China and the US will finally hit a breakthrough and end the trade war

Stocks and energy prices are rallying on trade-talk optimism. Donald Trump's economic adviser said he hoped "to make more headway" in talks Wednesday.

Oil set for strongest quarter in a decade on OPEC-led cuts and trade talk optimism

Bullishness on a trade deal between the US and China, and supply cuts resulting from US sanctions on Iran and Venezuela have sent prices higher.