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U.S. crude oil posts fourth straight weekly gain on solid demand outlook
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MarketWatch - Business
Oil prices tally 4th straight weekly gain as data hint at better demand
Oil futures fell on Friday, but U.S. and global benchmark prices tallied a fourth straight weekly gain as a recent drop in U.S. crude supplies and a rise in gasoline demand helped ease some concerns over the outlook for energy demand. -
The Wall Street Journal - World
Saudi's Oil Price Cut to Asia Was Less Significant Than Predicted, DNB Says
Saudi Arabia’s price cut for its flagship Arab Light crude it sells to Asian customers was less significant than expected, according to DNB Markets. -
CNBC - Business
Oil prices hold firm as large draw on U.S. crude, gasoline inventories signal uptick in demand
Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July holiday, up about 2 cents from last week. -
The Wall Street Journal - World
U.S. Crude Oil Inventories Fall More Than Expected
Government data showed crude-oil inventories fell by 12.2 million barrels last week, much greater than the decline of 1.1 million barrels that analysts expected. Gasoline and distillate fuels fell too, as refineries raised their capacity use. -
MarketWatch - Business
U.S. factory orders drop in May after three straight gains
Orders for manufactured goods fell 0.5% in May, the Commerce Department said Wednesday. It is the first decline after three straight monthly increases. -
CNBC - Business
U.S. crude oil prices fall as market tracks path of Tropical Storm Beryl
West Texas Intermediate is trading lower as traders monitor how Beryl will affect refining, production and export infrastructure. -
MarketWatch - Business
Saudi Arabia cuts Asia oil prices for second straight month
Looking at other importing regions, the oil producer instead increased its August prices for all grades for customers in northwest Europe and the Mediterranean. -
ABC News - Sports
Emma Navarro eliminates Coco Gauff in straight sets in Wimbledon's fourth round
Emma Navarro eliminates Coco Gauff in straight sets in Wimbledon's fourth round -
Financial Times - World
Trump distances himself from right-wing ‘Project 2025’ policy blueprint
Conservative groups have outlined far-reaching overhaul of federal government should ex-president clinch second termDonald Trump
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CNBC - Business
Air travel demand is breaking records. Airline profits are not
Investors will get more insight into the outlook for the tail end of summer when Delta Air Lines kicks off earnings season Thursday. -
CNBC - Business
Biden blasts ‘elites’ urging him to exit race in surprise interview
President Biden faces growing pressure to drop out of the 2024 presidential race against Donald Trump after his poor debate showing.Joe Biden -
CNBC - Business
Paramount agrees to merge with Skydance, ending monthslong negotiations and Redstone era
Paramount agrees to merge with Skydance, bringing new ownership to the storied movie studio and CBS broadcast network long controlled by the Redstone family. -
CNBC - Business
Boeing to plead guilty to criminal fraud charge stemming from 737 Max crashes
The Justice Department said in May that Boeing violated its 2021 settlement by failing to implement a certain compliance program. -
CNBC - Business
Democratic power players are circulating a proposal for Biden to exit, launch 'blitz primary'
President Joe Biden is facing escalating pressure to drop out of the 2024 race against Donald Trump, following his high-profile debate flop.Joe Biden