Benchmark U.S. crude oil for August delivery fell 87 cents to $72.99 a barrel Monday. Brent crude for September delivery fell 78 cents to $77.69 a barrel. Wholesale gasoline for August delivery fell 2 cents $2.57 a gallon. August heating oil fell 1 cent to $2.55 a gallon. August natural gas rose 9 cents to…
Closing Prices for Crude Oil, Gold, and Other Commodities (July 10)
July 10, 2023
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Oil Eases on China, US Data, but OPEC+ Cuts Limit Fall
LONDON—Oil prices dipped on Monday after weak economic data from top consumers the United States and China, although expected crude supply cuts from Saudi Arabia and Russia limited losses. Brent crude futures fell 40 cents, or 0.5 percent, to $78.07 a barrel by 1005 GMT, and U.S. West Texas Intermediate crude was also off 40…
Stocks Take a Breath While Bonds Choke on China Disinflation Drag
July 10, 2023
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LONDON/SYDNEY—Global stocks took a breath on Monday after a surprisingly low reading on Chinese inflation and ahead of data on U.S. inflation and corporate earnings later in the week. The pan-European STOXX 600 index rose 0.1 percent by 0840 GMT while US stock S&P futures declined 0.2 percent and Nasdaq futures fell by 0.3 percent….
Closing Prices for Crude Oil, Gold, and Other Commodities (July 7)
July 7, 2023
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Benchmark U.S. crude oil for August delivery rose $2.06 to $73.86 a barrel Friday. Brent crude for September delivery rose $1.95 to $78.47 a barrel. Wholesale gasoline for August delivery rose 5 cents $2.59 a gallon. August heating oil rose 8 cents to $2.56 a gallon. August natural gas fell 3 cents to $2.58 per…
Oil Prices Set for 2nd Straight Weekly Gain After US Data
LONDON—Oil prices rose on Friday and were on track for their second straight weekly gain, as resilient demand resulted in a larger-than-expected fall in U.S. oil stockpiles, offsetting fears of higher U.S. interest rates. Brent crude futures were up 36 cents, or 0.5 percent, at $76.88 a barrel at 1114 GMT, while U.S. West Texas…
Stock Market Today: Asian Shares Fall as Strong US Data Dash Hopes for an End to Rate Hikes
July 7, 2023
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BANGKOK—Asian shares slipped Friday after another decline on Wall Street, where hopes for an end to interest rate hikes were again dashed by strong jobs data. U.S. futures fell and oil prices were higher. Investors were watching for updates from U.S. Treasury Secretary Janet Yellen’s visit to Beijing. Tokyo’s Nikkei 225 shed 0.6 percent to…
Closing Prices for Crude Oil, Gold, and Other Commodities (July 6)
July 6, 2023
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Benchmark U.S. crude oil for August delivery rose 1 cent to $71.80 a barrel Thursday. Brent crude for September delivery fell 13 cents to $76.52 a barrel. Wholesale gasoline for August delivery rose 2 cents $2.54 a gallon. August heating oil fell 1 cent to $2.48 a gallon. August natural gas fell 5 cents to…
Oil Steadies as Market Digests Supply and Demand Outlook
LONDON—Oil prices were little changed on Thursday as the market digested tighter crude supply alongside fears of global economic slowdown. Brent crude futures edged up 29 cents to $76.94 a barrel by 0838 GMT after a 0.5 percent gain the previous day. U.S. West Texas Intermediate crude firmed by 37 cents to $72.16 after rising…
Stocks Slide as Rising Borrowing Costs Strike Again
July 6, 2023
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LONDON—World stocks fell for a third straight day on Thursday, after Federal Reserve meeting minutes bolstered bets on another U.S. rate hike this month and tit-for-tat trade salvos between China and the United States also dampened sentiment. Traders watched the traditional driver of global borrowing costs, the 10-year U.S. Treasury yield, climb to a fresh…
Closing Prices for Crude Oil, Gold, and Other Commodities (July 5)
July 5, 2023
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Benchmark U.S. crude oil for August delivery rose $2 to $71.79 a barrel Wednesday. Brent crude for September delivery rose 40 cents to $76.65 a barrel. Wholesale gasoline for August delivery rose 6 cents $2.52 a gallon. August heating oil rose 11 cents to $2.49 a gallon. August natural gas fell 5 cents to $2.66…
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