oil prices

October 23, 2024

Oil Prices Fall Amid Rising U.S. Crude Inventories and Middle East Tensions

Oil prices dropped on Wednesday following a report that U.S. crude inventories rose more than anticipated. However, despite the fall, oil futures remain up around 2% for the week, as traders continue

October 25, 2024

Oil Prices Rise 4% for the Week Amid Middle East Tensions and Election Uncertainty

Oil prices posted a 4% weekly gain, driven by investor attention to rising geopolitical tensions in the Middle East and uncertainty surrounding the upcoming U.S. election. With volatility anticipated across markets, oil

July 7, 2025

Oil Rises Despite Surprise OPEC+ Output Hike

Brent holds above $68 as market absorbs supply boost Oil prices edged higher on Monday even after OPEC+ announced a larger-than-expected supply increase for August, signaling confidence that the market can accommodate

Stocks steady as inflation tempers Fed cut bets

by Jamie Spencer

Wall Street ends flat after fresh S&P 500 high Global equities edged lower Thursday, with U.S. markets closing mixed as strong inflation data tempered expectations for aggressive Federal Reserve interest rate cuts.

August 14, 2025

Global Stocks Rise as U.S. Data and Earnings Impress

by Jamie Spencer

Retail Sales and Jobless Claims Boost Market Confidence Global stock markets advanced Thursday as investors responded positively to strong U.S. economic data and corporate earnings. MSCI’s global equity index climbed 0.57%, while

July 17, 2025

Wall Street Slips as Iran Tensions and Trade Risks Grow

by Jamie Spencer

Stocks fall after Trump escalates rhetoric on Iran U.S. stock markets declined on Tuesday amid growing geopolitical tensions and policy uncertainty. President Donald Trump’s latest remarks on Iran rattled investors, with the

June 17, 2025

Stocks Rebound as Middle East Tensions Ease Slightly

by Jamie Spencer

US stocks recovered on Monday as investors grew cautiously optimistic that the military conflict between Israel and Iran may remain contained, easing fears of a broader geopolitical escalation. The pullback in oil

June 16, 2025

Oil Prices Surge Amid Geopolitical Tensions

by Jamie Spencer

Oil prices jumped by nearly 2% on Tuesday, reaching a two-week high as escalating geopolitical tensions between Russia and Ukraine, along with the ongoing standoff between the U.S. and Iran, signaled that

June 3, 2025

Oil Prices Climb Amid Rising Demand and Geopolitical Tensions

by Jamie Spencer

Oil prices rose about 4% on Tuesday, driven by signs of higher demand in Europe and China, geopolitical tensions in the Middle East, and a recovery after prices collapsed to a four-year

May 6, 2025

Markets React to Trump’s Tariff Pause Amid Ongoing Concerns

by Jamie Spencer

Market Update and Tariff Pause Impact Major averages were sharply lower near midday, pulling back from yesterday’s sharp gains following President Donald Trump’s announcement of a 90-day pause on some of his

April 11, 2025

gasoline-prices-expected-to-fall-amid-u.s.-china-trade-war

Gasoline Prices Predicted to Fall Amid US-China Trade War

by Jamie Spencer

Current Gasoline Price Trends As of Friday, the national average price of gasoline was $3.21 per gallon, reflecting a $0.13 increase from a month ago but a nearly $0.42 decrease compared to

April 11, 2025

Oil Prices Plunge to Four-Year Low Amid Escalating Trade War

by Jamie Spencer

Trade War Escalates, Oil and Other Commodities Hit Hard Oil prices tumbled to a four-year low as the escalating trade war between the U.S. and China weighed heavily on global energy demand.

April 9, 2025

Oil Prices Plunge as Trade War Fears Drive Market Losses

by Jamie Spencer

Oil Prices Drop Amid Escalating Trade War Tensions Oil prices plunged nearly 8% on Friday, heading toward their lowest close since the middle of the pandemic in 2021, as China intensified tariffs

April 4, 2025

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