Latest in Oil Prices Drop
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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 ...Business - MarketWatch - October 28 -
Oil prices end lower on progress toward Israel-Hamas cease-fire talks
Oil futures finished lower on Thursday, after comments from U.S. Secretary of State Antony Blinken suggesting progress toward Israel-Hamas cease-fire negotiations eased the risk of disruptions to ...Business - MarketWatch - October 24 -
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - November 4 -
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 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 -
Joe Biden’s overdue missile consent for Ukraine
Allies should provide Kyiv with all the aid they can ahead of the Trump presidencyBusiness - Financial Times - 4 days ago -
Starmer declines to rule out allowing Kyiv to use Storm Shadow missiles in Russia
UK premier under increasing scrutiny after Biden authorised deployment of US-supplied long-range weaponsBusiness - Financial Times - 4 days ago -
Chinese tech groups build AI teams in Silicon Valley
Alibaba, ByteDance and Meituan seek to poach top talent from US rivals despite Washington’s chip curbsBusiness - Financial Times - 4 days ago -
How far has gold's price dropped in November?
The price of gold was on a record run ... until this month. Here's what to know (and what to do) right now.Top stories - CBS News - November 13 -
Starbucks drops olive oil coffees as it shakes up menu
The announcement comes less than a week after the company reported falling global sales.Top stories - BBC News - October 30 -
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 -
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - October 29 -
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 -
Oil prices edge down to finish at lowest in seven weeks
Oil futures declined on Tuesday, giving up earlier support a day after suffering their largest daily percentage decline in more than two years, with U.S. and global benchmark prices settling at ...Business - MarketWatch - October 29 -
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 -
Shell Earnings Beat Views as Gas Trading Offsets Low Oil Prices
Shell’s earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors’ results over the third quarter.Business - The Wall Street Journal - October 31 -
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 rise after Iranian commanders vow response to Israeli attack
Belligerent comments come as Tehran weighs options in wake of air strikesBusiness - Financial Times - November 1 -
Exxon and Chevron suffer profit falls on lower oil prices
Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023Business - Financial Times - November 1 -
Oil ends higher for a fifth straight session as traders await U.S. election results
Oil futures settled Tuesday with a fifth straight session gain as investors awaited the outcome of a contentious and close U.S. presidential election and weighed developments in the Middle East.Business - MarketWatch - November 5 -
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...Business - MarketWatch - November 6 -
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...Business - MarketWatch - November 7 -
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 - November 12 -
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 - November 13 -
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 - November 14 -
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 - November 15