Oil prices jump 4% on cold weather, supply concerns

Oil futures rose sharply early Friday, trading at their highest since October with support tied to cold weather in the U.S. and supply concerns.

Topics

Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry

The U.S. Treasury Department is targeting more than 180 Russian tankers.
CNBC - 14m
Trump will struggle to drive down oil prices

Energy production in the US will rise but more of the output will be gassy
Financial Times - 1d
Oil prices settle lower as U.S. crude supplies fall but product stocks rise

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...
MarketWatch - 1d
Services index shows big jump in prices for December as companies fear tariffs

The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.
CNBC - 2d
How to avoid winter illness and other cold weather tips

Much of the UK is facing a cold snap, so here are some tips to cope with low temperatures.
BBC News - 3d
What are cold weather payments and who can get them?

Cold weather payments are available to some people after seven days of below-zero temperatures.
BBC News - Jan. 3
How to Protect Pets From Cold Weather

They’re vulnerable when temperatures plummet, too.
The New York Times - Jan. 2
How to Stay Safe in Extreme Cold Weather

Experts offer tips to protect against common health hazards as temperatures plummet.
The New York Times - Jan. 2

Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.

Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...
MarketWatch - 27m
Shares in TikTok’s rivals gain as Supreme Court weighs U.S. ban for social-media app

The shares of publicly traded companies that compete with TikTok were gaining Friday as the video-sharing platform’s attorney faced tough questions from Supreme Court justices during oral arguments ...
MarketWatch - 37m
Major corporations are rushing to issue bonds as Treasury yields spike

Higher bond yields are spooking stocks, but retirees are helping to drive demand for annuities and corporate debt.
MarketWatch - 44m
Nvidia’s stock is down 9% from its recent record. That shows the short term is winning out for now.

Nvidia’s stock is off 9% from an all-time high hit earlier this week, with investors focused more on the here and now than on new eye-popping projections of market opportunity.
MarketWatch - 45m
Bitcoin may fall 20% to $73,000 if it breaks below this key support level

Bitcoin may face a downside potential to $73,000 if it breaks below its support level at around $90,680, according to Kim Kramer Larsson, analyst at Saxo Bank.
MarketWatch - 52m