U.S. oil prices head for biggest weekly drop in a year as demand concerns persist
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Business - MarketWatch
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 ...1 hour ago -
Business - MarketWatch
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.6 hours ago -
Business - MarketWatch
CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena
Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...23 hours ago -
Business - MarketWatch
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 ...Yesterday -
Business - MarketWatch
A drop in mortgage rates has failed to ignite home-buying demand, but builders remain optimistic
Builder sentiment inched up in October, the National Association of Home Builders said.Yesterday - Mortgage -
Top stories - CBS News
Israel ramps up attacks across Lebanon despite U.S. concerns
Israel's military announced more airstrikes across Lebanon, including attacks in and around the capital of Beirut, a move that the Biden administration has warned against. CBS News foreign ...Yesterday - Israel -
Business - MarketWatch
Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives
U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...2 days ago -
Business - MarketWatch
Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...2 days ago -
Politics - The Hill
Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA
Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, ...2 days ago -
Business - MarketWatch
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.2 days ago - Mortgage -
Business - CNBC
Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.2 days ago - Mortgage -
Business - MarketWatch
Lower oil prices are good for consumers — but a bad sign for the global economy
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.2 days ago -
Top stories - NBC News
U.S. concerned by reports of North Korean soldiers fighting for Russia in Ukraine
The United States is “concerned” by reports of North Korean soldiers fighting for Russia in Ukraine, a White House spokesperson said Tuesday.2 days ago - Ukraine -
Top stories - NBC News
U.S. crude prices fall more than 4% as Israel is not expected to strike Iran’s oil industry
U.S. crude futures fell more than 4% on Tuesday, after Israel reportedly told the U.S. that it is not planning to strike Iran’s oil facilities, relieving fears that a major supply disruption in the ...3 days ago - Israel -
Business - MarketWatch
10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading
Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...3 days ago -
Business - MarketWatch
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.3 days ago - Israel -
Business - MarketWatch
The U.S. economy’s biggest threat? China’s clean energy push.
As China ramps up its renewable-energy production, the U.S. risks becoming dependent on outdated energy sources.3 days ago - China -
Business - CNBC
U.S. crude prices fall more than 4% as Israel is not expected to strike Iran's oil industry
The International Energy Agency said Tuesday that its members are prepared to take action if there is a supply disruption in the Middle East.3 days ago - Israel -
World - The New York Times
Oil Prices Fall After Israel Reportedly Says It Won’t Target Iran’s Nuclear or Oil Facilities
Brent crude, the international benchmark, was trading at below $74 a barrel on Tuesday, a drop from the $80 range.3 days ago - Israel -
Top stories - CBS News
U.S. voices concern as "deeply disturbing" images show fiery Gaza strike
The White House says Israel must do more to protect innocent Gazans as images show "what appear to be displaced civilians burning alive."3 days ago -
Business - MarketWatch
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.3 days ago -
World - The Guardian
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...3 days ago -
World - The Guardian
Oil price slides amid China slowdown and easing Middle East fears
Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...3 days ago - China -
World - The Wall Street Journal
Israel Assures U.S. It Will Not Strike Iran's Oil and Nuclear Facilities, Officials Say
The U.S. has sought to contain Israel’s planned counterattack on Tehran, hoping to head off a wider war in the Middle East.3 days ago - Israel -
Business - The New York Times
Russian Oil Flows Through Western ‘Price Cap’ as Shadow Fleet Grows
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.3 days ago - Russia -
Business - MarketWatch
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...4 days ago - China -
Business - CNBC
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.4 days ago -
Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy4 days ago - United Kingdom