Tag: West Texas Intermediate
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Stock market today: Nasdaq leads stock declines while oil spikes on Iran attack
US stocks slid on Tuesday after Iran fired over 100 ballistic missiles at Israel, pushing oil prices for West Texas Intermediate (CL=F) and Brent...
Oil falls more than 2% on report Saudi Arabia vows to bring barrels back even if prices fall
Oil prices sank more than 2% on Thursday after the Financial Times reported Saudi Arabia is determined to start unwinding voluntary production cuts starting...
Oil extends sharp drop on prospect of more Saudi, Libyan supply
(Bloomberg) — Oil fell for a second day as Saudi Arabia was reported to be weighing increasing output, and factions in Libya reached a...
Exclusive-US to seek 6 million barrels of oil for reserve, amid low oil price
By Timothy GardnerWASHINGTON (Reuters) - The Biden administration will seek up to 6 million barrels of oil for the Strategic Petroleum Reserve, a source...
Stock market today: Tech leads S&P 500, Nasdaq higher as JPMorgan drags Dow lower
A contract dispute between Disney (DIS) and DirecTV still has not reached a conclusion after the media giant pulled its owned and operated channels,...