A previous version of this column gave the incorrect date for the Fed policy decision. The story has been corrected. Investors looking at their screens this morning might feel a bit of relief, with oi...
Tag: Commodity markets
Hang Seng slumps 3% over COVID lockdown worries, oil falls as Russian attacks in Ukraine intensify
BANGKOK (AP) — Stocks were mixed in Asia and oil prices fell Monday as uncertainty over the war in Ukraine and persistently high inflation kept investors guessing about what lies ahead. Tokyo and Sydn...
Oil Prices Are Slipping Again. Expect Volatility in Crude to Continue.
Text size Oil prices were on a tear long before Russia invaded Ukraine, but have since marched higher. Mario Tama/Getty Images Oil’s bounce back from its largest decline in two years failed as crude p...
Frackers Say Bottlenecks Impede Output Boost as Oil Prices Soar
American shale drillers say there are limits to how much and how quickly they can boost shaky oil supplies following Russia’s invasion of Ukraine, cautioning that supply-chain issues, investors wary o...
A death cross for the S&P 500 is nearing as inflation fears, Russia’s Ukraine offensive rattles stock-market investors
The S&P 500 index is closing in on a death cross, an ominous chart pattern that underscores the downtrend suffered in an asset. A death cross appears when the 50-day moving average crosses below t...
The U.S. Will Ban Imports of Russian Oil. What Exactly Does That Mean?
Oil prices spiked to their highest levels since 2008 on Tuesday after the U.S. announced it would ban imports of Russian oil. “Today I’m announcing the United States is targeting the main artery of Ru...
Oil stocks, Bed Bath & Beyond, Visa and more
Take a look at some of the biggest movers in the premarket: Chevron, Exxon, Phillips 66 — Oil stocks rose broadly in premarket trading after energy prices surged overnight, with U.S. benchmark West Te...
Cathie Wood Got Oil Wrong. It Isn’t Going to $12. Here’s What She Missed.
ARK Invest’s Cathie Wood predicted in 2020 that oil prices were headed to $12 a barrel. The prediction wasn’t correct, providing a lesson in commodity investing. Kyle Grillot/Bloomberg Tex...
Occidental Petroleum Stock Spikes. 3 Reasons for the Jump.
Text size Shares of Occidental Petroleum are up nearly 90% over the past 12 months. Spencer Platt/Getty Images Occidental Petroleum stock was rising sharply Monday. There are three reasons for the mov...
Occidental Petroleum Stock Spikes. Here Are the Reasons Why.
Text size Spencer Platt/Getty Images Occidental Petroleum stock was rising sharply Monday. There are three reasons why. First, oil prices were surging Monday on supply fears as the U.S. and its allies...
Asian markets tumble as oil prices shoot higher amid calls for more sanctions against Russia
TOKYO — The price of oil jumped more than $10 a barrel and Asian markets were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia. Brent c...
U.S. stock futures sink Sunday as U.S. and its allies consider ban on Russian oil imports
U.S. stock-index futures fell sharply after trading began late Sunday, as investors remain rattled by the ongoing war in Ukraine. Dow Jones Industrial Average futures YM00, -0.95% slid more than 300 p...
The Russia-Ukraine war is fueling the ‘biggest supply shock to global grain markets’ in living memory
Wheat futures have surged by more than 40% over the last five days, on track for the biggest weekly rise since at least 1959 as Russia’s invasion of Ukraine crimps exports of the crucial food grain an...
‘We need to increase oil & gas output immediately,’ Elon Musk says as Ukraine crisis jolts U.S. crude to 2008 high
Elon Musk voiced an unusual stance for an electric-vehicle executive on Friday. Tesla Inc.’s TSLA, -0.12% chief executive said the U.S. needs to immediately increase production of oil and gas in a twe...
The Commodities Boom Is Here. How to Invest With Funds.
Global supply-chain constraints have led to worldwide shortages, abnormal weather is hurting crop yields in major agricultural regions, and inflation has made real assets like commodities an attractiv...
U.S. stock futures sink as Russia attacks Ukraine’s largest nuclear plant
U.S. stock-index futures tumbled late Thursday after reports that Europe’s largest nuclear power plant, in Ukraine, was on fire after Russian shelling, raising fears of an unprecedented nuclear disast...
Why Does the U.S. Buy Russian Oil?
The fracking boom made America the world’s biggest oil producer a few years ago, but the U.S. still imports millions of barrels each day from other parts of the world, including Russia. Here is a look...
12 stocks in clean energy, fossil fuels and uranium expected to keep soaring — up to 79% from here
The tragedy in Ukraine is having an economic effect on people all over the world as energy prices rise and other supply sources are disrupted. For investors, the day-to-day action is unpredictable. Bu...