LONDON-Oil prices pulled back on Wednesday as the prospect of delays to U.S. interest rate cuts and a jump in U.S. crude stocks that trounced expectations offset a boost from a potential extension to OPEC+ supply curbs.
Brent
Oil prices rose by more than 1% early on Thursday, buoyed by a larger-than-expected U.S. crude draw, Chinese stimulus, and continued attacks by the Houthis in and near the Red Sea.
As of 10:50 a.m. ET on Thursday, …
NEW YORK – Sky-high oil prices pose yet another obstacle to U.S. corporate earnings, and some on Wall Street are worried this could sink stock prices even deeper into the red.
Brent crude LCOc1 has surged nearly 40% …
LONDON/NEW YORK – U.S. stock prices were mixed in early Tuesday trading, as oil prices fell from near three-year highs reached after the world’s main crude producers failed to set production plans.
Wall Street made a slow restart after …
