Oil and gas stocks suffer broad selloff as crude prices drop in wake of SVB collapse

The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand for crude oil. The Energy Select Sector SPDR exchan...

Global financial markets have had a rough time since Russia’s invasion of Ukraine, but it is not over yet

A year after Russia invaded Ukraine and set off the bloodiest conflict in Europe since World War II, global financial markets seem to no longer carry on the lasting shocks on a daily basis, but the fu...

Oil books biggest weekly gain since October as concerns rise over Russia supplies

Oil futures rose Friday, booking strong weekly gains, as concerns grew about a drop in Russian exports following the imposition of a price cap by G7 countries earlier this month. Russia’s deputy prime...

Financial markets are flashing a warning that a recession is imminent: here’s what it means for stocks

Across markets, familiar trading patterns for stocks, bonds and commodities that have held for months are starting to unravel as financial markets grapple with expectations that the U.S. economy will ...

Energy stocks look ‘especially vulnerable’ to crude-oil selloff

Something appears wrong with the chart comparing energy stocks with crude-oil prices, as what used to be a near-100% correlation has flipped to negative since oil prices peaked earlier this year. Bria...

Fed warns of ‘low’ market liquidity in $24 trillion Treasury market, in latest financial stability report

The Federal Reserve on Friday confirmed what many investors were saying for some time: the $24 trillion Treasury market has been experiencing low levels of market liquidity in recent months. The centr...

Depleting strategic oil reserves could prove ‘painful in the months to come’: Saudi energy minister

“‘It is my profound duty to make it clear to the world that losing emergency stock may become painful in the months to come.’” — Prince Abdulaziz bin Salman, Saudi energy minister That’s Prince Abdula...

Oil ends higher; natural gas prices post a weekly loss of more than 20%

Oil futures ended higher on Friday, while natural-gas futures extended their losses into a sixth-consecutive session to end the week with a loss of more than 20%. Price action West Texas Intermediate ...

The stock market is wrong: the economy isn’t going to ‘blow a gasket’ just yet, warns economist

While this year’s sharp selloff in stocks might feel brutal, particularly after the carnage of September, the S&P 500 remains about 17.1% above year-end 2019 levels, according to Dow Jones Market ...

Oil futures slide 4% as China growth worries dominate

Oil prices fell sharply on Monday after weak economic data from China raised fears that a slowing global economy will reduced demand for energy products. Price action West Texas Intermediate crude for...

Why home prices can stay high, complicating the Fed’s battle against inflation

Sky-high housing prices still threaten to complicate the Federal Reserve’s inflation fight, even as America’s market for single-family homes shows signs of cooling in response to sharply higher intere...

Commodity price declines may shape Fed’s rate-hike path, says economist

A significant downturn in commodity prices could give the Federal Reserve cover to change its aggressive pace of planned interest rate hikes, according to a report from Capital Economics.   The centra...

The 60-40 portfolio is supposed to protect investors from volatility: so why is it having such a bad year?

The first half of 2022 has been a historically bad stretch for markets, and the carnage hasn’t been limited to stocks. As stocks and bonds have sold off in tandem, investors who for years have relied ...

Oil and gas stocks suffer broad, sharp selloff as crude futures drop

The S&P 500’s energy sector was suffering a unanimous selloff, as crude oil CL00, -6.61% and natural gas futures NG00, -1.32% slumped amid growing demand concerns and as the Biden administra...

Oil prices end lower to break a string of weekly gains as demand worries linger

Oil futures finished with a loss on Friday, with U.S. and global benchmark prices ending a streak of weekly gains, as investors juggled recession fears and concerns over demand. Price action West Texa...

Dow tumbles as inflation reading triggers market shock waves: What investors need to know

From Wall Street to Main Street, fears that the U.S. economy could be sliding into 1970s-style “stagflation” have been percolating. References to the sticky situation appeared in news headlines all we...

Oil prices could go ‘parabolic,’ putting global economy in ‘critical situation,’ says Trafigura chief

“‘We have got a critical situation. I really think we have a problem for the next six months. … [O]nce it gets to these parabolic states, markets can move and they can spike quite a lot.’” — Jeremy We...

Oil stocks enjoy broad rally as crude prices jump, with Exxon Mobil at an 8-year high and Chevron at a record

The energy sector is on track to enjoy a unanimous rally Tuesday, as the European Union’s ban on Russian oil has sent crude oil futures surging. The SPDR Energy Select Sector ETF XLE, +1.00% ral...

Opinion: The Fed must boost rates by a full percentage point at every meeting to bring down inflation and avoid a job-killing recession

The Fed has taken aim at inflation, but it isn’t moving fast enough. Earlier this month the Fed boosted the federal funds rate by half a point, and more half and quarter point increases are almost cer...

Oil under pressure to start the week, as Saudis drop prices, China exports slump

Crude tracked a selloff in global assets on Monday, with the commodity pressured as Saudi Arabia slashed cut prices for Asian customers and elsewhere, and China reported sharply weaker export data. Pr...

Opinion: Why the United States is reluctant to become the Saudi Arabia of natural gas

OXFORD, England (Project Syndicate)—With images of Russian aggression and war crimes in Ukraine continuing to dominate the media in Europe and around the world, Germany has pledged to cut its imports ...

Get ready for a ‘new world order’ that drives stocks and bonds: BlackRock

It’s an end of an era. That’s BlackRocks Inc.’s BLK, +1.62% Tony DeSpirito, chief investment officer in the U.S. fundamental equities division of the world’s largest asset manager, telling investors t...

U.S. stock futures steady early Monday as traders weigh prospect of more sanctions on Russia

U.S. stock index futures were little changed early Monday as traders weighed the prospect of further sanctions on Russia over the war in Ukraine. After the S&P 500 index posted a third straight we...

Oil futures suffer biggest weekly percentage decline in nearly 2 years

Oil futures ended lower Friday, with prices posting their largest one-week percentage loss in nearly two years. Prices declined on the back of the largest-ever release from U.S. crude reserves and new...

What 10% inflation could look like for junk bonds: BofA

What happens to companies financed in the booming high-yield or “junk-bond” market on the off chance that U.S. inflation pegged at 7.9% in February soars to 10% and stays there? That’s a question Oleg...

Restarting Keystone XL construction ‘wouldn’t actually increase supply’ of oil: top Biden adviser

“‘Any action on Keystone wouldn’t actually increase supply, and it would transmit oil years in the future.’” — National Economic Council Director Brian Deese That’s the White House’s top economic advi...

This ‘potentially poisonous mix’ means forget about buying the dip in stocks, says Neuberger CIO

The threat of high inflation, climbing rates and sputtering growth could turn into a “potentially poisonous mix” for stocks, prompting a new underweight call for equities by Erik Knutzen, chief invest...

Oil rises after reported strike on Saudi oil facility, with global prices up nearly 12% for the week

Oil futures finished higher on Friday, giving up earlier declines and boosting global prices by nearly 12% for the week, after reports of an attack on an oil facility in Saudi Arabia renewed concerns ...

Opinion: Ukraine war is a wake-up call to ditch oil and gas forever

That invasion, and the subsequent U.S. ban on oil imports from Russia, are partly responsible, but they aren’t the only reason. According to the U.S. Energy Information Administration, the impact of t...

Weekend reads: There’s a recession warning as the Federal Reserve fights inflation

The Federal Reserve this week increased the federal funds rate for the first time since 2018. Long-term market interest rates had risen significantly as investors anticipated that the central bank wou...

Oil prices hold below $100 a barrel as U.S. supplies rise, demand destruction concerns emerge

Oil futures settled lower Wednesday, with U.S. and global benchmark prices holding below the $100 mark, after U.S. government data revealed the first rise in domestic crude supplies in three weeks, an...

American Airlines stock surges toward biggest gain in more than a year after carrier raises revenue outlook

Shares of airline operators enjoyed a broad rally Tuesday, after a number of major carriers raised their revenue guidance, and as a further pullback in crude oil prices helped soothe concerns over ris...