Oil prices head for weekly fall on bets for a ‘looming surplus’, soft China demand

Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand

Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the ...

Business - MarketWatch - 1 hour ago

Crude oil heads to weekly loss as looming surplus depresses market

U.S. crude oil is down more than 2% this week, while Brent has shed nearly 2%.

Business - CNBC - 5 hours ago

Oil prices end higher after tapping a 2-week low

Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the incoming administration of President-elect Donald Trump.

Business - MarketWatch - 2 days ago

U.S. oil prices log biggest weekly drop in a year as demand concerns persist

Crude futures finished with a loss on Friday, just a day after posting a gain for the first time in five days, with prices of the U.S.-traded benchmark ending below $70 a barrel and marking its ...

Business - MarketWatch - October 18

Oil ends down on the day, up for the week on conflicting supply-demand prospects

Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...

Business - MarketWatch - November 8

Oil prices end higher on surprise fall in U.S. crude supply, rise in gasoline demand

Oil futures finished higher Wednesday, with official U.S. data showing a surprise decline in crude supplies in the latest week and strength in gasoline demand, prompting prices to post their first ...

Business - MarketWatch - October 30

Oil settles higher after last week’s 8% drop as traders weigh China demand concerns

Oil prices finished higher on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy ...

Business - MarketWatch - October 21

Oil prices finish higher for the week as Middle East worries linger

Oil futures climbed Friday, contributing to a gain for the week, with lingering worries over the potential for a wider Middle East conflict helping to put a floor under crude prices.

Business - MarketWatch - October 25

Oil prices settle higher but stay on track for a weekly loss

Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back of strength in the U.S. dollar and the latest forecast from the ...

Business - MarketWatch - Yesterday

Saudi Aramco Profit Falls on Oil-Price Weakness

The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.

Business - The Wall Street Journal - November 5

Oil prices end higher as risk of Iranian strike on Israel grows

Oil futures finished higher on Thursday, contributing to a gain for the month, as traders weighed the growing risk of an Iranian attack on Israel that would further fuel tensions in the oil-rich ...

Business - MarketWatch - October 31

Oil prices post first gain in 3 sessions, but demand concerns prevail

Oil futures finished higher on Tuesday, recouping a small portion of back-to-back losses driven by worries about the prospects for demand, which contributed to a retreat in the U.S. benchmark below ...

Business - MarketWatch - 3 days ago

China's Top Oil Companies Turn in Mixed Results Amid Weak Demand

State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.

Business - The Wall Street Journal - October 29

Oil prices rise as U.S. supply posts a surprise decline, but trend ‘favors the bears’

Crude futures finished higher on Thursday for the first time in five sessions, supported in part by an unexpected decline in last week’s U.S. crude inventories, which followed sizeable back-to-back ...

Business - MarketWatch - October 17

Oil scores back-to-back gains, but ‘bearish landscape’ remains

Oil futures scored a second straight session of gains on Tuesday to claw back some of steep losses suffered last week, with prices supported by some upbeat prospects for Chinese demand and ongoing ...

Business - MarketWatch - October 22

Oil prices end lower with weekly U.S. crude supplies up by over 5 million barrels

Oil futures settled lower Wednesday as official U.S. data showed an unexpected weekly climb in domestic crude inventories, prompting prices to post their first loss in three sessions.

Business - MarketWatch - October 23

Schlumberger’s stock slumps as falling oil prices turn customers cautious

Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.

Business - MarketWatch - October 18

Petrol and food prices will fall thanks to oil glut, says World Bank

Downward trend in oil price from higher production, falling demand in China and clean energy to continue. Business live – latest updates Petrol and food prices will fall over the next two ...

World - The Guardian - October 29

Exxon and Chevron suffer profit falls on lower oil prices

Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023

Business - Financial Times - November 1

Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live

Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...

World - The Guardian - October 23

Oil tumbles after Israel refrains from attacking Iran’s refining facilities

Brent crude drops more than 6% as Tehran gives measured response to strikes

World - Financial Times - October 28

Falling oil prices may help push gas below $3 a gallon for the first time since 2021

The intensity of oil’s drop Monday showed that many traders were not prepared for what has been described as a “limited” retaliatory attack by Israel against Iran that came nearly four weeks after ...

Business - MarketWatch - October 28

U.S. oil benchmark settles below $70 a barrel on China stimulus disappointment

Oil futures settled at their lowest in nearly two weeks Monday following disappointing economic data from China, the world’s largest crude importer, and expectations for higher U.S. production once ...

Business - MarketWatch - 4 days ago

PayPal shares fall on revenue miss, soft guidance

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

Business - CNBC - October 29

Weekly mortgage demand tanks 11% as interest rates surge higher

Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Business - CNBC - November 6

Will the price of gold fall this November?

The price of gold has broken multiple records so far in 2024. But will it fall this November? Here's what to consider.

Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities

Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...