In 2017, oil prices recovered significantly. Posting its second annual gain in a row, the commodity closed 2017 up more than 12%. The U.S....
Penn Virginia Corp. (NASDAQ: PVAC) will expand its core position in the Eagle Ford Shale with an $86 million bolt-on acquisition, the Houston-based...
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Now that Christmas has come and gone, and my stomach somehow remains full from all the pecan pie and sweet potatoes I...
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With Trump’s Tax Plan in focus it is indisputable that 2017 was a solid year for the U.S. economy, with unemployment dipping,...
Oil prices rose Monday morning following an unexpected fall in the number of U.S. rigs drilling for crude. Light, sweet crude for...
Oklahoma rigs flat at 121 – US Rigs fall by 1 After 5 weeks in the plus column, the number of rigs in...
Oil futures finished lower on Monday, with U.S. and global benchmark prices at their lowest in almost two weeks.
Crude prices face headwinds from "familiar factors, with analysts remaining skeptical that Chinese stimulus measures will be sufficient for boosting lackluster crude demand," said Robbie Fraser, associate director of global research and analytics at Schneider Electric.
West Texas Intermediate crude for December delivery fell $2.34, or 3.3%, to settle at $68.04 a barrel on the New York Mercantile Exchange. January Brent crude, the global benchmark, dropped $2.04, or 2.8%, to $71.83 a barrel on ICE Futures Europe. According to Dow Jones Market Data, Brent and WTI marked their lowest settlements since Oct. 29.
Stocks ended higher Monday, with the Dow, S&P 500 and Nasdaq Composite building on last week's record run.
The Dow closed above 44,000 for the first time, while the S&P 500 ended just above the 6,000 milestone after temporarily trading above that threshold in Friday's session. The U.S. bond market was closed Monday for the Veterans Day holiday.
The Dow ended 304.14 points higher, up 0.7%, at 44,293.13
The S&P 500 rose 5.81 points, or 0.1%, to 6,001.35.
The Nasdaq Composite finished at 19,298.76, up 11.99 points, or 0.1%
Veterans Day is a federal holiday in the United States that honors all military veterans. Originally called Armistice Day, it was established to commemorate the end of World War I. Today, it is a day marked by parades, public events, and the closure of many businesses and government offices.
The stock market, including the New York Stock Exchange and Nasdaq, will remain open on Veterans Day, but the bond markets will be closed. The U.S. Postal Service will not deliver mail, and most banks will also be closed. Additionally, since it is a federal holiday, all non-essential government offices will be closed, and it is a state holiday in nearly every state except Wisconsin.
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(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise...
APA Corporation, a Houston-based oil and gas exploration company, is expanding its partnership with...
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Suspected sabotage of Baltic Sea communication cables has sparked investigations and heightened tensions between...
From Bloomberg|by Jonathan Tirone| Iran has agreed to stop producing uranium enriched close to...
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