LONDON—Oil rose to around $89 a barrel on Wednesday, within sight of a seven-year high, supported by tight supply and geopolitical tensions in Europe and the Middle East that raise concerns about further disruption. U.S. President Joe Biden said on Tuesday he would consider personal sanctions on President Vladimir Putin if Russia invades Ukraine. On…
Oil Prices Rebound as Growing Political Tensions Fuel Supply Fears
LONDON—Oil prices bounced back on Tuesday, recovering some of the previous day’s losses, as growing tension in Eastern Europe and the Middle East fuelled concerns over possible supply disruptions in an already tight market. Brent crude futures rose $1.21, or 1.5 percent, to $87.52 a barrel at 0946 GMT, reversing a 1.8 percent fall in…
World Shares Mixed Ahead of Fed Meeting
TOKYO—European stocks opened higher Tuesday after a day of steep losses in Asia as markets waited to hear from Federal Reserve chair Jerome Powell after a two-day policy meeting that ends Wednesday. The possibility of conflict between Russia and Ukraine and concern over coronavirus outbreaks also were adding to uncertainties. France’s CAC 40 edged up…
Oil Rises on Elevated Geopolitical Risks in Europe and Middle East
LONDON—Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and rising tensions in the Middle East, which could make an already tight market even tighter. Brent crude rose 33 cents, or 0.4 percent, to $88.22 a barrel by 1149 GMT. U.S. West Texas Intermediate (WTI) crude gained 24 cents,…
World Shares Mostly Lower Ahead of Federal Reserve Meeting
BANGKOK—Shares were mostly lower in Europe and Asia on Monday after Wall Street logged its worst week since the pandemic began in 2020. Shares fell in Paris, London, and Frankfurt but rose in Tokyo. Shanghai was little changed. Investors have been growing increasingly worried about how aggressively the Federal Reserve, which holds a policy meeting…
US Crude Exports Ramp Up as Global Demand Recovers
NEW YORK—U.S. crude exports are ramping up due to increasing demand from Asia and Europe and recovering U.S. production from the lows of the coronavirus pandemic. Surging worldwide demand, supply outages, and international political tension have stoked worries around crude supplies, boosting oil prices to the highest levels in seven years, with some predicting crude…
Oil Falls on US Inventory Build, Profit Taking
LONDON—Oil prices fell on Friday, after rising to seven-year highs this week, after an unexpected rise in U.S. crude and fuel inventories, and as investors took profits. Brent crude futures were down $1.49, or 1.6 percent, to $86.89 a barrel by 1010 GMT. The contract earlier fell by as much as 3 percent, the most…
Global Shares Slide After More Losses on Wall Street
BANGKOK—Shares were lower in Europe and Asia on Friday after a late afternoon sell-off wiped out gains for stocks on Wall Street. Britain’s FTSE 100 fell 0.9 percent to 7,518.29, while the DAX in Germany declined 1.4 percent to 15,695.88. In Paris, the CAC 40 lost 1.2 percent to 7,110.11. The future for the S&P…
Global Hedge Fund Industry Assets Top $4 Trillion for the First Time
LONDON—Assets under management at global hedge funds topped $4 trillion for the first time ever at the end of 2021, as the prospect of rising interest rates combined with the pandemic made for a volatile end of the year, industry tracker HFR said on Thursday. The jump represents a turnaround from the first quarter of…
19-Year-Old Woman Sets Record for Solo Global Flight
BRUSSELS—Home! And no longer alone. The 19-year-old Belgian-British pilot Zara Rutherford set a world record as the youngest woman to fly solo around the world, touching her small airplane down in western Belgium on Thursday—155 days after she departed. She made it count for herself, her family and dedicated it to all young women trying…
-
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