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 ...
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 ...