Benchmark U.S. crude oil for August delivery fell 80 cents to $80.83 per barrel Tuesday. Brent crude for August delivery fell $1to $85.01 per barrel.
Wholesale gasoline for July delivery was unchanged at $2.51 a gallon. July heating oil fell 1 cent to $2.51 a gallon. July natural gasfell 5 cents to $2.76 per 1,000 cubic feet.
Dow suffers worst day in nearly a month; S&P 500, Nasdaq snap 3-day losing skids
U.S. stocks finished mixed on Tuesday after a rebound in Nvidia Corp....
U.S. stocks finished mixed on Tuesday after a rebound in Nvidia Corp. shares helped the S&P 500 and Nasdaq Composite break their three-day losing streak while driving a sharp divergence in indexes, as the Dow Jones Industrial Average suffered its worst day in nearly a month.
The S&P 500 was up 21.43 points, or 0.4%, to end at 5,469.30.
The Nasdaq Composite advanced 220.84 points, or 1.3%, to finish at 17,717.65. In nearly two weeks, it was the largest one-day point and percentage gain for the tech-heavy index.
Dow industrials were off 299.05 points, or 0.8%, ending at 39,112.16, to book the index's worst day since May 30. The blue-chip index also snapped a five-day winning streak.
The Nasdaq outperformed the Dow by 2.02 percentage points on Tuesday, its largest one-day outperformance since Feb. 2, 2023. According to Dow Jones Market Data, the two indexes moved in opposite directions in eight out of the last ten trading days.
The Supreme Court has agreed to take up a case involving the Surface...
The Supreme Court has agreed to take up a case involving the Surface Transportation Board's environmental approval of the proposed 88-mile Uinta Basin Railway, which would connect Utah oilfields to the national railway network. The US Court of Appeals for the District of Columbia last year reversed the STB's decision, citing inadequate consideration of environmental impacts as mandated by the National Environmental Policy Act.
The emerging US clean hydrogen industry is essentially in limbo until...
The emerging US clean hydrogen industry is essentially in limbo until the Biden administration finalizes the Inflation Reduction Act's related guidance and concerns over the potential role of blue hydrogen projects that utilize natural gas and carbon capture continue to gain momentum. A case in point is the Appalachian Regional Clean Hydrogen Hub. Local stakeholders and environmental organizations are urging the Energy Department to halt negotiations to hash out concerns about the project's environmental footprint.
