Commodities

Oil hit a 2023 high in September near $98 a barrel for Brent crude, although it has since weakened to trade around $87.40 as of this writing.

November 3, 2023

1217

Crude oil is sliding again, despite a series of Draconian production cuts, imposed by OPEC+ since the beginning of this year.

June 9, 2023

1267

Crude oil prices got off to a timid start to the week, with the benchmark slipping slightly at the time of writing after edging up slightly in the previous week.

May 22, 2023

1291

Brent crude prices fell back below $80 on Tuesday initially as markets remained volatile following the Silicon Valley bank’s collapse.

March 14, 2023

1340

U.S. stocks fell ahead of this week’s last trading session, as investors' risk appetite remained swayed by this week's corporate earnings and economic data reports, as well as statements from Federal Reserve officials.

February 10, 2023

1497

Private companies in the U.S. added just 106,000 new workers for January, down from an upwardly revised 253,000 the month before and well below the 109,000 Dow Jones estimate.

February 1, 2023

1128

U.S. markets had a powerful start to the new month and quarter, as downward correction in yields and U.S. dollar boosted demand for riskier securities.

October 4, 2022

1116

Oil prices tumbled on Thursday on the news that the Biden Administration is considering releasing up to 180 million barrels from its petroleum reserve (SPR), close to a one-time maximum in nearly 50 years of SPR history in response to the oil and gas supply crisis caused by the geopolitical events in the Eastern Europe.

April 1, 2022

1684

Crude oil futures retested its highs not seen since October 2014 after Saudi Arabia retaliated for yesterday's deadly attack on United Arab Emirates' petroleum facilities and an airport that Houthi forces in Yemen claimed responsibility for.

January 18, 2022

1651