Oil Prices

NEW YORK | Oil prices and interest rates rise, and US stocks are mixed

NEW YORK — U.S. stocks are little changed Tuesday as energy companies continue to rise with oil prices, but airlines fall as investors anticipate higher fuel costs. Interest rates are rising as investors expect the Federal Reserve to raise its benchmark rate Wednesday, and high-dividend companies are declining. A busy week for deals continued as … Continue reading NEW YORK | Oil prices and interest rates rise, and US stocks are mixed

NEW YORK | Oil prices and interest rates rise, but US stocks are mixed

NEW YORK — U.S. stock indexes are slightly higher Tuesday morning as energy companies continue to rise with oil prices. Stock indexes took small losses the past two days. Facebook is slumping after the co-founders of Instagram announced that they are resigning from the photo sharing company. Interest rates continue to rise as investors expect … Continue reading NEW YORK | Oil prices and interest rates rise, but US stocks are mixed

NEW YORK | US stocks slip as technology companies open lower

NEW YORK — U.S. stocks are slightly lower Tuesday morning as technology companies including Facebook take losses, but energy companies are rising along with oil prices. Nike is sliding after it gave a major endorsement deal to former NFL quarterback Colin Kaepernick, known for his protests of police brutality and racial injustice. Investors are looking … Continue reading NEW YORK | US stocks slip as technology companies open lower

NEW YORK | Apple soars but energy, industrial stocks weigh on market

NEW YORK — Apple is on pace for its biggest gain in a year and a half Wednesday as investors cheer its latest quarterly report, which included strong iPhone sales and a forecast that was better than expected. Banks are climbing as interest rates turn higher and the yield on the 10-year Treasury note hit … Continue reading NEW YORK | Apple soars but energy, industrial stocks weigh on market

DUBAI, United Arab Emirates | Oil prices spike after Saudi halts shipments after attack

DUBAI, United Arab Emirates — Oil prices rose to a 10-day high Thursday after Saudi Arabia’s state-owned oil company announced it was temporarily halting crude shipments through a strategic Red Sea shipping lane after Yemen’s Shiite rebels attacked two tankers in the strait the previous day. Futures for Brent crude, the international oil benchmark, hit … Continue reading DUBAI, United Arab Emirates | Oil prices spike after Saudi halts shipments after attack

NEW YORK | US stocks inch higher a day after sharp losses; GE leaps

NEW YORK (AP) — U.S. stocks bobbed higher Tuesday as technology and consumer-focused companies regained a sliver of their losses from the day before. Oil prices and energy companies jumped as the U.S. pressed its allies to stop importing oil from Iran. Coming off their worst loss since early April, stocks were on track for … Continue reading NEW YORK | US stocks inch higher a day after sharp losses; GE leaps

BEIJING  | Asian stocks fall, oil gives up some gains after China move

BEIJING  — Asian stock markets fell Monday and oil prices gave up some of their gains after Chinese regulators freed up extra money for bank lending amid a trade dispute with Washington. KEEPING SCORE: The Shanghai Composite Index fell 0.2 percent to 2,883.20 and Tokyo’s Nikkei 225 lost 0.5 percent to 22,409.55. Hong Kong’s Hang … Continue reading BEIJING  | Asian stocks fall, oil gives up some gains after China move

HONG KONG | Asian shares rally as modest inflation eases rate hike fears

HONG KONG (AP) — Asian stock markets rallied on Friday, tracing gains on Wall Street after weaker than expected inflation figures soothed concerns about a possible acceleration of interest rate hikes. Oil prices were hovering at a fresh multiyear high. KEEPING SCORE: Japan’s benchmark Nikkei 225 rose 1 percent to 22,725.99 and South Korea’s Kospi … Continue reading HONG KONG | Asian shares rally as modest inflation eases rate hike fears