Benchmark U.S. crude oil for September delivery fell $3.76 to $90.66 a barrel Wednesday. Brent crude for October delivery fell $3.76 to $96.78 a barrel. Wholesale gasoline for September delivery fell 15 cents to $2.91 a gallon. September heating oil rose 3 cents to $3.41 a gallon. September natural gas rose 56 cents to $8.27…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 3)
August 3, 2022
admin
Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
‘The Turbine Works:’ Germany’s Scholz Points Finger at Russia in Energy Row
August 3, 2022
admin
Business & MarketscrisiseconomyenergyEuropeGasGermanyGold and CommoditiesMarketsNordRussiaRussia-Ukraine WarScholzstreamWorld
0 Comment
MUELHEIM AN DER RUHR, Germany—German Chancellor Olaf Scholz on Wednesday said Russia had no reason to hold up the return of a gas turbine for the Nord Stream 1 pipeline that had been serviced in Canada but has since been stranded in Germany in an escalating energy standoff. Standing next to the turbine on a…
OPEC+ Approves Tiny Oil Output Rise in Rebuff to Biden
NUR-SULTAN/LONDON—OPEC+ is set to raise its oil output goal by 100,000 barrels per day, an amount analysts said was an insult to U.S. President Joe Biden after his trip to Saudi Arabia to ask the producer group’s leader to pump more to help the United States and the global economy. The increase, equivalent to 86…
German Exports Surge to Record Level in June, Outlook Still Gloomy
BERLIN—The value of German exports jumped by 4.5 percent in June to hit a record level, though economists cautioned that much of the increase was likely due to soaring prices. Exports rose for a third month in a row, beating forecasts for a 1 percent increase and pushing Germany’s seasonally adjusted trade surplus to 6.4…
Oil Prices Dip Ahead of OPEC+ Meeting
LONDON—Oil prices dipped on Wednesday ahead of a meeting of OPEC+ producers at which producers are expected to keep output steady with spare capacity limited and against the backdrop of fears that a slowdown in global growth will hit fuel demand. Brent crude futures were down $1.34, or 1.3 percent, at $99.20 a barrel at…
Stocks Steady as Investors Weigh Taiwan and Fed Risks
August 3, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
MILAN/TOKYO—World stocks eased slightly on Wednesday as markets weighed risks from U.S. House Speaker Nancy Pelosi’s visit to Taiwan and comments from Federal Reserve officials talking up the chance of aggressive interest rate hikes. MSCI’s benchmark for global stocks dipped by 0.1 percent by 0823 GMT, steadying after Tuesday’s drop that took the index off…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 2)
August 2, 2022
admin
Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for September delivery rose 53 cents to $94.42 a barrel Tuesday. Brent crude for October delivery rose 51 cents to $100.54 a barrel. Wholesale gasoline for September delivery rose 6 cents to $3.06 a gallon. September heating oil fell 6 cents to $3.38 a gallon. September natural gas fell 57 cents…
Euro Area to Get Back Half What It’s Spending on War Fallout: ECB
August 2, 2022
admin
Business & MarketsCompaniescrisisECBeconomic policieseconomyenergyEuropeeurozoneGold and CommoditiesgrowthinflationMarketsrecessionRussiaRussia-Ukraine WarUkraineWorld
0 Comment
FRANKFURT—Eurozone countries are spending more than they will get back to cushion the economic hit from the Ukraine war via fuel subsidies and other support measures, the European Central Bank said on Tuesday, telling governments to use their cash more efficiently. The 19 countries that share the euro approved support measures worth 0.9 percent of…
Marathon Petroleum Profit Soars on Strong Fuel Demand
Marathon Petroleum smashed quarterly profit estimates on Tuesday, the latest U.S. refiner to benefit from a surge in fuel prices sparked by tight capacity and low inventories. The company’s refining and marketing margins tripled to $37.54 per barrel in the April-June quarter, mirroring similar gains at rivals such as Phillips 66 and sending Marathon’s shares…
Oil Slips as Global Demand Concerns Weigh, OPEC+ Meeting Eyed
LONDON—Oil slipped on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as OPEC+ producers meet this week to decide whether to increase supply. Surveys showed on Monday that factories across the United States, Europe, and Asia struggled for momentum in July as flagging global…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta