Oil Prices Drop 22 This Week Despite Opec Cuts
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OPEC Sticks to Oil Demand View, Cuts Non-OPEC Supply Growth Forecast
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered its forecast for non-OPEC supply growth for this year and next.The Wall Street Journal - World -
Oil price falls despite Middle East tensions; Tesla ‘to cut 10% of staff’; Goldman Sachs profits jump – business live
Brent crude dips to $90 per barrel as markets monitor Israel-Iran, while 14,000 jobs could be cut at Tesla. Middle East crisis live: Israel calls for new sanctions on Iran at heated UN security council meetingTesla to cut 14,000 jobs as Elon Musk ...The Guardian - World -
Rising Oil Price Could Make Central Banks Cautious With Rate Cuts
A rising oil price could halt or even reverse the recent trend of falling inflation, potentially leaving central banks cautious about cutting interest rates, DZ Bank said.The Wall Street Journal - World -
Oil prices settle at three-week low with U.S. supplies up a fourth week in a row
Oil futures declined on Wednesday for a third straight session, with prices falling to their lowest in three weeks.MarketWatch - Business -
Wall Street Is Betting OPEC+ Can Fend Off $100 Oil
Traders expect spare capacity will cap crude prices despite the conflict in the Middle East.The Wall Street Journal - World -
Oil Turns Higher on Report of Possible Iran Strike Against Israel
Crude oil futures rose on a report by Bloomberg that the U.S. and its allies believe an attack on Israel by Iran and its proxies is imminent.The Wall Street Journal - World - Iran -
Trump Media shares end week down nearly 20%, losing billions in market cap
Donald Trump is the largest shareholder in Trump Media, which owns the Truth Social app frequently used by the presumptive Republican presidential nominee.CNBC - Business - Donald Trump -
Inflation hits two-and-a-half year low as meat prices fall
New official figures show that inflation, the rate at which prices rise over time, fell again in March.BBC News - Top stories - Inflation -
Shares of critical chip firm ASML drop 5% as sales miss expectations with 22% fall
ASML on Wednesday said first quarter profit beat expectations while sales missed forecasts, with the compant sticking to its full-year outlook.CNBC - Business -
Woods set for record Masters cut despite sandstorm
Tiger Woods battles a sandstorm on the 18th hole at Augusta before sinking a putt that means he is set to makes a 24th consecutive Masters cut.BBC News - Top stories -
Why Oil Prices Have Been Rising Recently
The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation.The New York Times - Business -
The WSJ Dollar Index Rises 0.92% to 99.65
The dollar posted its largest gain since March 2023, after hot U.S. inflation data.The Wall Street Journal - World -
Oil Prices Rise as Geopolitical Tensions Increase
Oil prices rose close to 1% as geopolitical risks remain high on Middle East tensions and the increased targeting of downstream infrastructure in the Russia-Ukraine war.The Wall Street Journal - World -
Oil prices dip after Iran attack on Israel
Prices had already risen in expectation of action, with Brent crude near a six-month high last week.BBC News - Top stories - Iran -
Oil Prices Lower After Iran’s Attack on Israel
Investors are taking a wait-and-see approach after the much-anticipated aerial assault had little effect on oil supplies.The New York Times - Business - Israel -
March homes sales dropped despite a surge in supply. Here's why.
The median price of an existing home sold in March was $393,500, up 4.8% from the year before.CNBC - Business -
Oil Holds Steady Despite U.S. Inventory Build, CPI Data
Oil prices were broadly stable despite a larger-than-expected build in U.S. inventories and the latest inflation data weighing on large parts of the commodities complex.The Wall Street Journal - World -
Oil Slips Despite Middle East Fears, China's Economic Growth
Oil prices are edging lower despite fears of escalating hostilities in the Middle East and China’s stronger-than-expected economic growth in the first quarter.The Wall Street Journal - World - China -
Elgato's Stellar Gameplay Capture Card Drops To Lowest Price Ever At Amazon
If you're in the market for a dedicated capture card for consoles and PC, the Elgato HD60X is on sale for over $60 off at Amazon and Best Buy. Over at Amazon, you can snag the HD60X for $137.49 (down from $180). This deal is available to all ...GameSpot - Tech -
8BitDo Nintendo-Inspired Gaming Keyboard Drops To Best Price Yet At Amazon
If you're in the market for a new gaming keyboard, 8BitDo's retro-inspired keyboards offer stellar performance for a reasonable price. 8BitDo's Fami Edition keyboard has a color scheme that pays homage to the Nintendo Famicom, responsive switches, ...GameSpot - Tech -
Americans Keep Their Wallets Open in March, Despite Rising Prices
Retail sales surge by 0.7 percent, as strong job market keeps people spending even as prices rise.Inc. - Business -
OPEC Fast Facts
Read CNN's Fast Facts for a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria.CNN - Top stories -
Italy commits to cut deficit despite soaring cost of tax credits
‘Superbonus’ scheme balloons to €219bn compared with €140bn estimated last yearFinancial Times - World -
Fed Official Sees 2 Rate Cuts This Year Despite Persistent Inflation
Boston Fed president Susan Collins says the central bank won't rush its plans to lower interest rates.Inc. - Business - Federal Reserve -
Oil prices finish lower as traders weigh prospects for Gaza ceasefire
Oil futures tallied a back-to-back session decline Tuesday as traders weigh prospects for a Gaza ceasefire agreement.MarketWatch - Business -
Oil prices finish higher on talk of potential for Iran strike on Israel
Oil futures finished sharply higher on Wednesday, buoyed by speculation that Iran will soon wage an attack on Israel following Israel’s strike on Iran’s embassy in Syria earlier this month.MarketWatch - Business - Israel -
Oil prices settle lower as traders weigh risks of an Iranian attack on Israel
Oil futures consolidate after rising more than 1% the previous session on fears of a more direct confrontation between Israel and Iran.MarketWatch - Business - Israel -
Oil prices end with weekly loss as traders weigh risk of Iran attack on Israel
Crude futures finish higher on Friday, but posted a loss for the week. The risk of an Iranian attack on Israel led prices for U.S. and global benchmark oil to touch their highest intraday levels in about six months during the trading session.MarketWatch - Business - Iran -
U.S. crude oil gains as Israel reportedly prepares for attack by Iran this weekend
Israel is preparing for a direct attack by Iran on southern or northern Israel as soon as Friday or Saturday, The Wall Street Journal reported.CNBC - Business - Iran -
Growth in oil use slows, IEA says, as prices hit $90 a barrel
Paris-based group trims forecasts, in sharp divergence with producers’ cartel OpecFinancial Times - Business -
Oil Prices Are Steady in Early Futures Trading After Attack
President Biden spoke Sunday with four congressional leaders regarding Iran’s attack on Israel.The Wall Street Journal - World -
Oil Prices Fall as Traders Bet Israel Will React Cautiously
Oil prices fell Monday, a sign traders think Israel is likely to react cautiously to Iran’s weekend attack, reducing the risk of a broader conflagration in the Middle East.The Wall Street Journal - World - Israel -
Oil prices a ‘chief concern’ for markets after Iran attack on Israel
U.S. stocks look to rebound on Monday, after fears over the conflict in the Middle East sparked a flight to safety Friday in U.S. markets.MarketWatch - Business - Iran -
Oil Traders Wager on $250 Price by June as War Risk Escalates
Yahoo News - World -
Why oil prices remain steady even as Middle East tensions escalate
All eyes are on the oil market as traders anxiously await Israel’s response to Iran’s attack over the weekendFinancial Times - World -
Global oil prices fall for fourth straight session, with demand and Middle East risks in focus
Global oil prices end lower for a fourth straight day Thursday, while U.S. benchmark crude prices settle with a slight gain.MarketWatch - Business -
Did the Eagles drop a hint about their plan for next week's draft?
One of the most popular theories for how the Eagles will handle next week’s draft is that they will select an eventual successor for 33-year-old All-Pro right tackle Lane Johnson. It’s a theory that GM Howie Roseman didn’t shoot down on Tuesday. ...Yahoo Sports - Sports -
Oil prices hold firm as U.S. weighs added sanctions on Iran oil exports after attack on Israel
U.S. officials told NBC News that they expect an Israeli response to Iran's attack to be limited in scope.CNBC - Business - Iran -
JPMorgan, Wells Fargo, Citi stocks drop despite robust first-quarter earnings
JPMorgan’s stock gives back some of its gains for the year as first-quarter results trigger selling.MarketWatch - Business -
New-home construction posts biggest drop in four years, despite America facing a housing shortage
Construction on new U.S. homes fell nearly 15% in March, the Commerce Department said Tuesday.MarketWatch - Business