Dow Jones Newswires Oil Demand
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Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.MarketWatch - Business -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Do the GDP and Dow Reflect American Well-Being?
Do the GDP and Dow Reflect American Well-Being?The Wall Street Journal - World -
Erik Jones to miss time after fracturing back in crash at Talladega
Jones suffered a compression fracture in his lower vertebra after a vicious head-on hit into the turn 3 wallCBS Sports - Sports -
Party Like It’s 1989
In the 1980s and ’90s, Dafydd Jones’s party shots captured Manhattan’s rich and powerful.The New York Times - Lifestyle -
GDP and the Dow Are Up. But What About American Well-Being?
The standard ways of measuring economic growth don’t capture what life is like for real people. A new metric offers a better alternative, especially for seeing disparities across the country.The Wall Street Journal - World -
Texas' Jonathon Brooks becomes first RB chosen after Cowboys' Jerry Jones' called him 'outstanding'
Cowboys owner's words may have helped lead to them losing a top target, but Jones doesn't think his words had an effectCBS Sports - Sports - NFL -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
Oil Edges Higher on U.S. Inventories Draw
Oil edged higher on positive demand signs after U.S. crude inventories fell for the first time in five weeks.The Wall Street Journal - World -
Fifa announces deal with Saudi oil company Aramco
Fifa has announced a partnership with Saudi Arabia's state-owned oil company, Aramco.BBC News - Top stories -
Oil Edges Higher Ahead of U.S. PCE Data
Oil prices ticked higher ahead of key U.S. inflation data that will offer more cues on the path of interest rates.The Wall Street Journal - World -
Granting waivers on Iranian oil only emboldens the ayatollahs
The only way to reach any agreement with Tehran to constrain the activities of its clients is by exerting pressure on Iran itself.The Hill - Politics - Iran -
Oil tanker damaged in Houthi missile strike
The Yemeni rebel group says its latest attack targeted the Andromeda Star.BBC News - Top stories -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
Ezekiel Elliott free agency: Jerry Jones says former Cowboys RB is 'good enough to be a starter' in 2024
Dallas released Elliott last offseason, but reconnected with him on WednesdayCBS Sports - Sports - NFL -
2024 NFL Draft: Jerry Jones calls Cowboys first-round selection Tyler Guyton 'a sexy pick'
Dallas traded back five spots hoping Guyton would still be thereCBS Sports - Sports - NFL -
Stocks rose with the Dow, S&P 500 and Nasdaq gaining 0.4%, 1% and 2%, respectively.
Stocks rose with the Dow, S&P 500 and Nasdaq gaining 0.4%, 1% and 2%, respectively.The Wall Street Journal - World -
Jerry Jones: Draft isn't over, but we're "keenly interested" in Ezekiel Elliott reunion
The Cowboys had running back Jonathon Brooks "high, high, high" on their draft board heading into Friday night, but they weren't able to secure the former Texas Longhorn's services.Yahoo Sports - Sports -
How AI and EVs are boosting demand for copper
Copper prices have outperformed both gold and silver this year, as traders bet on growing, long-term needs for the industrial metal in artificial intelligence and electric vehicles.MarketWatch - Business -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - Business -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - Business -
China's Gold Consumption Rises on Safe-Haven Demand
Chinese buyers, spooked by a protracted property slump and a recent stock-market rout, are rushing toward gold as economic uncertainty looms, propelling a global bullion rally.The Wall Street Journal - World - China -
Clean-Tech Fund Bets on Growing Demand for Batteries
Volta Energy Technologies raises $131 million in latest funding round, seeking to invest in ways to make energy storage cheaper as well as greener for consumers.The Wall Street Journal - World -
BBC Verify examines reported strikes on Russian oil depots
The reported strikes have been geolocated to the Smolensk region of western Russia.BBC News - Top stories - Russia -
Huge fire seen as Ukraine hits Russian oil depots with drone strike
Ukraine claims to have destroyed almost 1 million cubic feet of fuel in a drone strike on Russian state-owned oil depots.CBS News - World - Ukraine -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - World -
‘Outrageous’ climate activists get in the faces of politicians and oil bosses – will it work?
As the climate crisis has deepened, protesters have become more confrontational – and their ambitions have grown. The head of ExxonMobil told to “eat shit” as he was about to receive an award. A US senator and coal boss called a “sick fuck”, ...The Guardian - World - Climate -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - Business -
Manchester City’s well-oiled winning machine shows no sign of exhaustion
Pep Guardiola’s complaints about his team’s tiredness were hard to believe as they strolled to victory against Brighton. It had been tempting to wonder if some kind of elaborate gag was taking place when the Brighton fan and noted stamina ...The Guardian - World -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Barclays accused of greenwashing over financing for Italian oil company
Exclusive: Environmental groups say bank is misleading public over ‘sustainable’ financing for Eni as company vastly expands fossil fuel production. Barclays is being accused by environmental groups of greenwashing after helping to arrange €4bn ...The Guardian - World -
Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
Yen sinks to 34-year low after Bank of Japan holds interest rates near zero
Governor Kazuo Ueda says weakening currency is having ‘no major impact’ on underlying inflationFinancial Times - World - Japan -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business