Oil Heads for Third Week of Gains as Sentiment Turns Upbeat
U.S. crude continued its move above $43 a barrel, heading for a third straight week of gains as market sentiment turned more upbeat despite persistent oversupply.
Oil Prices Slide as Dollar Rallies, Fears Grow After Recent Rally
Oil prices slid on Thursday, reversing early gains as a rebounding dollar weighed on commodities denominated in the U.S. currency.
Wall Street Weighed Down by Lower Oil, Weak Earnings
U.S. stock indexes were slightly lower on Thursday as oil prices fell and Travelers and Verizon reported weak results.
At Least 13 Killed in Blast at Mexico Petrochemical Plant
At least 13 people were killed in a blast at a major petrochemical plant of Mexican oil company Pemex, its chief executive said on Thursday, in the latest deadly accident to hit the oil producer.
Oil Rises as IEA Expects Biggest Non-OPEC Output Fall in 25 Years
Crude prices firmed on Thursday after the International Energy Agency (IEA) said 2016 would see the biggest fall in non-OPEC production in a generation, helping to rebalance a market dogged by oversupply.
Even as Oil Swoons, Drilling Picks Up in Gulf of Mexico
A prolonged slump in global oil prices has forced booming U.S. drillers to take a step back, but production in the Gulf of Mexico continues to climb.
Oil Falls on End to Kuwaiti Strike, Supply Outlook
Oil prices fell on Wednesday as investor focus returned to worries about oversupply after Kuwaiti workers ended a three-day strike that had halved the nation's crude output.
Dissecting Wall Street's upward momentum
Wall Street’s momentum
Stocks Up on Oil's Climb, Dow Adds to 18K Level
The S&P 500 and the Dow Jones industrial average were slightly higher on Tuesday as crude rose after an oil workers' strike in Kuwait hurt output.
Oil Rises as Kuwaiti Oil Workers Strike Cuts Output
Oil prices rose on Tuesday as an oil workers strike in Kuwait nearly halved crude production from the OPEC member, overshadowing bearish sentiment following Sunday's failure by oil producers to agree to freeze output levels.
What the Break Down in Talks at Doha Means for Oil
A meeting among some of the world's biggest oil producers failed to end with an agreement to freeze production, as many analysts expected. Yet, oil prices saw only moderate declines Monday. What gives?
Dow Closes Above 18K for First Time Since July
Stocks closed higher despite disappointment from Doha on Sunday, with the Dow crossing the 18000 mark for the first time since last summer.
Dow charges higher as stocks and oil diverge
Dow charges higher
Oil Fallout: No End in Sight for Cheap Gas
A meeting in Qatar between most of the world’s largest oil producing nations ended with no agreement to close the spigots, thus paving the way for more savings at the gas pump.
U.S. Economy Looks Good but Fed Still Cautious: Dudley
U.S. economic conditions are 'mostly favorable' yet the Federal Reserve remains cautious in raising interest rates because threats loom, New York Fed President William Dudley said on Monday.
Not So Bad Bank Earnings Give Stocks Weekly Win
Better-than-expected bank earnings give stocks weekly win.
Oil markets hinge on Sunday meeting in Doha
Future of oil prices
Oil Market’s Stability Hinges On Sunday’s Doha Meeting
Following a scheduled meeting in the deserts of Doha, Qatar on Sunday, global oil markets will have more clarity about where some of the world’s biggest producers stand on their willingness to help ease the global supply glut that’s plagued the market for nearly two years.
Are Oil Stocks Mounting a Comeback?
Sometimes it’s best not to overthink things. Given that, the market broke its sideways movement this past Wednesday.
Oil Falls as Investors Expect Little from Doha Meeting
Oil prices fell more than 3 percent on Friday in thin trade as traders and analysts anticipate a weekend meeting of major oil exporters to do little to help to clear global oversupply quickly, even though it would provide a floor for the market.














