As oil loiters in a bear market, off 21% from its February high, Saudi King Salman made on Wednesday his favorite son and Deputy Crown Prince, Mohammed bin Salman, Crown Prince, empowering the 31-year-old reformist as next in line to the throne.
Stocks were listless in early trading on Wall Street, and the Standard & Poor's 500 index was on pace to end the week almost exactly where it started.
Asian shares are ending the week on a subdued note with most indexes little changed Friday, as the price of oil halted its decline to hover near its lowest level in almost a year.
In today's U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth.
U.S. stock indexes were close to flat in early trading Thursday after the price of oil stabilized, at least for now.
___ Amazon-Whole Foods tie-up could speed grocery transformation NEW YORK (AP) — Grocers trying to compete with the threat of a combined Amazon and Whole Foods will have to make changes.
Grain futures were lower Thursday on the Chicago Board of Trade.
Grain futures were lower Thursday in early trading on the Chicago Board of Trade.
Oil rose on Thursday, a day after hitting 10-month lows, but market sentiment remained negative because the global crude glut has persisted despite OPEC-led output cuts.
Wall Street's major indexes ended little changed on Thursday as gains in healthcare stocks after Senate Republicans unveiled their proposal to replace Obamacare were offset by declines in financial and consumer staples sectors.
U.S. stock indexes held steady in early trading Wednesday after the price of oil stabilized.
National security should not be confused with NAFTA.
Grain futures were lower Wednesday on the Chicago Board of Trade.
Oil prices fell further to a new 7 month low on Wednesday, with the international benchmark for crude sliding below $46 a barrel.
Grain futures were lower Tuesday in early trading on the Chicago Board of Trade.
The S&P 500 and Dow stock indexes were weighed down by falling energy shares as oil prices fell on Wednesday and added to investor concerns about low inflation, while healthcare and technology stocks helped lift the Nasdaq Composite index.
Asian markets were mostly lower Wednesday after overnight losses on Wall Street.
Oil prices ended down more than 2 percent on Wednesday after hitting a 10-month low in volatile trade, as growing U.S. production and reduced Chinese refinery activity fed mounting concern over the stubborn global crude glut.
The price of oil slumped to its lowest level of the year on Tuesday and helped to restrain U.S. stock indexes, which set records a day earlier.
Grain futures were mostly lower Monday on the Chicago Board of Trade.