Broad Losses Pull Stock Indexes Lower

[ad_1] Stocks opened the week lower, hinting at why some investors believe the “everything rally” of late 2023 will be hard-pressed to continue.  All three major indexes are in the…

WSJ News Exclusive | Shell Suspends Red Sea Shipments Amid Fears of More Houthi Attacks

[ad_1] Updated Jan. 16, 2024 12:30 pm ET British oil major Shell suspended all shipments through the Red Sea after U.S. and U.K. strikes on Yemen’s Houthi rebels triggered fears…

Natural-Gas Prices Remain Under Pressure Despite Cold Snap

[ad_1] Natural-gas prices have been low this winter, helped by healthy production and unusually warm weather. The current winter storm could change that temporarily, but the long-term forecast is still…

U.S. Crude Oil, Products Stocks Rose in First Week of January

[ad_1] Jan. 10, 2024 11:03 am ET U.S. crude oil inventories rose unexpectedly last week, while stocks of gasoline and distillate fuels saw above-forecast builds and refineries reduced their capacity…

Oil Prices Are Up. Coal Won’t Be So Lucky.

[ad_1] Even China’s voracious appetite for thermal coal hasn’t been able to arrest sliding prices of the dirtiest fossil fuel. Blame an influx of supply from Indonesia and Australia, and…

Tech Giants Drive Stock Rebound

[ad_1] Both the S&P 500 and the Nasdaq Composite log their best days since November, easing investor anxieties after the market’s rough start to 2024 last week. [ad_2] Source link

U.S. Crude Oil Stocks Fell 5.5 Million Barrels in Week Ended Dec. 29

[ad_1] U.S. crude oil inventories fell more than expected last week, while stocks of gasoline and distillate fuels saw large increases pointing to sluggish demand for products, according to data…

Shale Is Keeping the World Awash With Oil as Conflicts Abound

[ad_1] Updated Jan. 1, 2024 12:05 am ET A surprise surge in American oil and gas production and exports is helping to keep the world stocked, blunting the impact of…

Meet America’s Newest Oil-Trader Extraordinaire: Joe Biden

[ad_1] Updated Dec. 31, 2023 2:36 pm ET Head of state. Commander in chief. Oil-trading whale? President Biden’s unprecedented release of oil from the U.S. petroleum reserves in 2022 turned…

Meet America’s Newest Oil Trader Extraordinaire: Joe Biden

[ad_1] Head of state. Commander in chief. Oil-trading whale? President Biden’s unprecedented release of oil from America’s petroleum reserves in 2022 turned the White House into an unusually active player…