Futures Movers Oil Prices Settle Lower after Touching Their Highest Intraday Prices Since Early December
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Oil prices end lower, with weekly U.S. crude supply up over 3 million barrels
Oil futures declined on Wednesday but settled off the session’s lows after official U.S. data revealed a weekly increase in crude inventories that was smaller than what was reported by an industry trade group.MarketWatch - Business -
Oil rises after Ukraine strikes Russian refineries, Moscow orders output cuts to meet OPEC+ pledge
At least 10% of Russia's refining capacity has been disrupted by the attacks, according to British intelligence.CNBC - Business - Ukraine -
Oil prices slip on U.S. crude stockpile increase
U.S. commercial crude stockpiles rose by 3.2 million barrels for the week ending March 22, according to the Energy Information Administration.CNBC - Business -
U.S. Natural Gas Futures Settle Lower in Volatile April Expiry
U.S. natural gas settled lower as the April contract went off the board in a flurry, settling down 2.5%.The Wall Street Journal - World -
Oil prices end higher, buoyed by geopolitical tensions, Russia’s output cuts
Oil futures rose on Monday as investors monitored escalating geopolitical tensions in the Middle East and between Russia and Ukraine, while supply concerns continued to weigh on crude-oil prices.MarketWatch - Business - Russia -
Oil prices remain steady as investors weigh supply outlook
Oil futures were little changed on Tuesday, consolidating after bumping higher in the previous session on worries over the global supply outlook.MarketWatch - Business -
Oil Prices Rise, Bouncing Back from Wednesday's Losses
Oil prices rose despite a surprise build in U.S. crude inventories last week.The Wall Street Journal - World -
Oil ends higher, with U.S. prices up 16% for the quarter
Oil futures settled higher Thursday for the first time in three sessions to tally a solid gain for the quarter and a third straight monthly climb.MarketWatch - Business -
Vacation home co-ownership platform Pacaso expands to lower-priced listings
Pacaso lists shares of vacation homes, generally an eighth but sometimes larger shares, and then facilitates the purchase, including financing if necessary.CNBC - Business -
Boeing boss Dave Calhoun to step down; EU to investigate Alphabet, Apple and Meta – business live
Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out. The government’s shareholding in NatWest Group has fallen below 30% for the first time ...The Guardian - World - Apple -
Oil could trade near $100 this year. Here’s what could drag prices back down.
Russia’s decision to deepen its oil production cuts could lift global benchmark crude near $100 a barrel by September, but demand destruction may play a part in dampening price prospects, said analysts at J.P. Morgan.MarketWatch - Business -
Fortune Favors Early Movers in America's Property Crunch
Investors who are willing to buy buildings when everyone else is running scared typically get the biggest rewards.The Wall Street Journal - World -
Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
GameStop Confirms More Layoffs, Share Price Tumbles After Sales Slide
GameStop has published its latest earnings briefing, and as part of it, the video game retailer said it was cutting an unspecified number of jobs, according to Reuters.. These layoffs could be part of the previously announced plan to close a ...GameSpot - Tech -
It may be silver’s turn to shine after the gold rush to record high prices
Gold has generally outpaced performance in silver over the last few years, but the tide may soon turn in favor of silver.MarketWatch - Business -
Comex Gold Settles Higher
Gold prices rose, clawing back some of Friday’s losses, with the front-month Comex contract for March settling up 0.8% at $2174.80.The Wall Street Journal - World -
GameStop shares make biggest gain since December ahead of fourth-quarter results
GameStop’s stock ended Monday’s session up 15.4%, registering its largest daily percentage increase since Dec.13, 2023.MarketWatch - Business -
U.S. Housing Prices and the War on Realtors
Which cartel is the real problem?The Wall Street Journal - World -
Legoland and Madame Tussauds owner to roll out surge pricing
Merlin Entertainments plans to introduce dynamic pricing to offset decline in visitors since pandemicFinancial Times - Business -
Oil Gains on Heightened Geopolitical Risks, Supply Concerns
Oil futures were higher in European trade, on signs of tightness in the market and growing geopolitical concerns and despite a stronger dollar.The Wall Street Journal - World -
Trump aims to outraise Biden-Obama event with $33mn fundraiser
US president’s team says rival star-studded New York gala on Thursday will pull in $25mnFinancial Times - Business - Donald Trump -
AI boom drives global stock markets to best first quarter in 5 years
MSCI index of world stocks rises 7.7% as optimism about US economy offsets expectations of slower rate cutsFinancial Times - Business -
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
Head of London market says disaster may produce largest maritime claim in historyFinancial Times - Business -
Seventeen killed on deadliest day of Israel-Hizbollah conflict
Cross-border fire has ramped up in recent days, fuelling concerns about a broader regional warFinancial Times - World - Israel -
Oil Inches Lower With Focus on Geopolitical Risks, OPEC+ Policy
Oil prices inched lower after the UN passed a resolution calling for an immediate ceasefire in Gaza and OPEC+ delegates reportedly said they see no need to change supply policy at a review meeting next week.The Wall Street Journal - World -
Energy prices could vary at different times of day
Ofgem launches early discussions about a "dynamic" price cap that changes as consumers became more flexible.BBC News - Top stories -
Some wild speculation about Ukrenergo bond prices
Premium puzzlesFinancial Times - World -
Congestion Pricing Is a Victory for Millions of Transit Riders
Opposition from New York’s car culture remains shortsighted.The New York Times - Top stories -
As Easter Approaches Egg Prices Remain Exceptionally High
Bird flu, weather and inflation conspire to make consumers shell out more for a basic foodstuff.Inc. - Business -
Katie Price warns about 'damaging' plastic surgery
The model says women have cosmetic procedures younger than she did, and they all look like "aliens".BBC News - Top stories -
BOE Flags Risk of Sharp Correction in Asset Prices
The Bank of England warned that investors may be too complacent about the challenges facing the global economy, with the result that there is an increased risk of a “sharp correction” in asset prices.The Wall Street Journal - World -
Dollar Tree to raise prices again in 2024
Shoppers at Dollar Tree could soon end up with sticker shock.The Hill - Politics -
The Awesome Lego Optimus Prime Is On Sale For A Stellar Price
Lego Optimus Prime from Transformers is discounted to $144 at Amazon. That's 20% off this awesome building set's $180 list price, which matches last year's Black Friday deal. We wouldn't be surprised to see this offer sell out quickly. Amazon ...GameSpot - Tech -
Comex Gold, Silver Settle Higher
Gold settled up 1.2% Thursday, and silver rose 0.7%. For the quarter, both metals posted gains.The Wall Street Journal - World -
A First Step Toward a Global Price on Carbon
A tax on ship emissions could have an impact on almost everything we buyThe New York Times - Top stories -
Oil Futures Fall as Investors Watch Mideast Tensions, OPEC Moves
Oil futures fell in early Asian trade as the market contemplated ongoing geopolitical tensions and OPEC cutbacks.The Wall Street Journal - World -
U.S. Natural Gas Futures Lower Ahead of April Expiry
U.S. natural gas futures settled lower but found support around $1.60 level, avoiding a drop to February’s lows.The Wall Street Journal - World -
U.S. Natural Gas Futures Fall on Oversupply Concerns
U.S. natural gas futures settled lower for a sixth straight session on concerns about surplus inventories and less bullish near-term weather forecasts.The Wall Street Journal - World -
Princess of Wales ‘enormously touched’ by messages of support after cancer diagnosis
Kensington Palace says Catherine and Prince William are ‘extremely moved by the public’s warmth and support’. The Princess of Wales and her husband, Prince William, have been “enormously touched” by the messages of support received since she ...The Guardian - World -
China’s ecommerce groups make inroads in South Korea with lure of low prices
AliExpress and Temu are undercutting domestic competition and US rivals in world’s fourth-largest online shopping marketFinancial Times - Business - China