Oil futures settled Monday at their highest in more than a week, with President Joe Biden’s decision to allow Ukraine to use U.S.-supplied long-range missiles to strike deeper inside Russia ...
Energy was the S&P 500’s top sector as crude oil prices rebounded in response to growing geopolitical tensions. With the market benchmark up 0.3%, roughly 327 S&P 500 stocks were on the rise. The Dow ...
Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...
Shares of energy companies fell alongside oil futures. Oil fell by more than 2% on Friday and by 5% for the week to $67.02 a barrel, the lowest close since Sept. 10. Natural gas futures rose 6% ...
1,000 barrels of oil are generally included in a futures contract, with each barrel containing 55 gallons of oil. Most price speculators don’t have space to store 55,000 gallons of oil and are ...