oil – Page 11 – Freedom 96.9

Profit for the biggest US oil companies declined in the first quarter, but only on paper

Friday, May 1 by SRN News

Profit for the two largest oil companies in the U.S. tumbled during the first quarter, a three-month period in which the price of crude and gasoline rocketed higher. It's a setback on paper only, however, the result of financial hedges that backfired after the... Read More.

US stocks rally could find fuel in earnings, jobs data amid surging oil prices

Friday, May 1 by SRN News

By Lewis Krauskopf NEW YORK, May 1 (Reuters) - Investors will look for another batch of earnings reports and fresh employment data to drive a resilient U.S. stocks rally higher next week, in the face of spiking oil prices and a more hawkish Federal Reserve. Major... Read More.

Morning Bid: Never mind the oil, feel the earnings!

Friday, May 1 by SRN News

May 1 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Another day when investors in Asia feel slightly foolish for thinking things in the world were going badly, only for the U.S. to come in and buy... Read More.

Asia shares find relief in tech resilience, oil off peak

Thursday, April 30 by SRN News

By Wayne Cole SYDNEY, May 1 (Reuters) - Asian share markets rebounded in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors into tech stocks, while Japan's first yen-buying intervention in two years steadied the battered currency. Apple... Read More.

Asian shares gain with most markets closed for May Day, while oil holds steady at $111 a barrel

Thursday, April 30 by SRN News

Shares gained in Asia on Friday, though many markets in the region were closed for May Day holidays. Brent crude's price held steady at $111.66 per barrel while U.S. benchmark crude oil added 46 cents to $105.53 a barrel. Prospects for a deal to... Read More.

Trump gives go-ahead to major new Canada-US oil pipeline

Thursday, April 30 by SRN News

FORT COLLINS, Colo. (AP) - President Donald Trump granted a key approval Thursday for a major new oil pipeline that would carry oil from Canada into the U.S. where it would be exported and refined. The three-foot-wide (1 meter) Bridger Pipeline Expansion would carry up... Read More.

High oil prices due to the Iran war weigh on everything from the gas pump to consumer goods

Thursday, April 30 by SRN News

NEW YORK (AP) - Pain at the pump. Higher postal prices. Flights canceled, costlier airplane ticket prices and baggage fees. Everyday items such as soap and toothpaste getting more expensive. Consumers are paying for the Iran war 's disruption of global energy production as... Read More.

Chicago grain futures fall on oil retreat, improved US weather outlook

Thursday, April 30 by SRN News

By P.J. Huffstutter CHICAGO, April 30 (Reuters) - Chicago Board of Trade grain futures reversed course on Thursday, following a retreat in crude oil prices, amid a flurry of technical trading and forecasts of improving weather across the central U.S., market analysts said. The CBOT's most-active... Read More.

Oil retreats after hitting four-year high on concern of US-Iran war escalation

Thursday, April 30 by SRN News

By Alex Lawler LONDON, April 30 (Reuters) - Global oil prices jumped to a four-year high of more than $126 a barrel on Thursday on concerns that the U.S.-Iran war could worsen and lead to a protracted Middle East supply disruption that could hurt global... Read More.

Morning Bid: Oil fear shrouds tech splurge

Thursday, April 30 by SRN News

By Mike Dolan April 30 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Try as they might, it's impossible for markets to ignore the renewed surge in oil prices on the Iran war stasis. Global crude prices... Read More.

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