Browsing: Business

Oil prices rose in volatile trading as Brent crude futures reached $78.15 a barrel, while West Texas Intermediate crude climbed to $74.19. The move kept global oil benchmarks in focus after sharp swings across energy markets. Traders tracked crude supply,

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Gold rose on Monday after touching its lowest level in more than a week, as lower oil prices reduced some inflation concern across bullion markets. Spot gold gained 0.5% to $4,182.39 an ounce by 1:50 p.m. ET. The metal had

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Brent crude futures rose to $81.66 a barrel as supply concerns returned to the oil market. The global benchmark gained $1.09, or 1.35%, after touching an intraday high of $82.30. The move kept crude oil prices above $80 as traders

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Wall Street indices closed higher Thursday as semiconductor stocks powered a broad rebound in U.S. equities. The Nasdaq Composite rose 1.91% to 26,517.93. The S&P 500 advanced 1.08% to 7,500.58. The Dow Jones Industrial Average gained 0.14% to 51,564.70.

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Oil prices rose more than $2 a barrel on Thursday as traders reacted to new tensions around the Strait of Hormuz and a sharp fall in U.S. crude inventories. Brent crude futures climbed $2.30, or 2.47%, to $95.40 a barrel. U.S. West Texas

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U.S. stocks closed mixed Tuesday as renewed pressure on technology and semiconductor shares pulled the S&P 500 and Nasdaq Composite lower. The Dow Jones Industrial Average rose 86.10 points, or 0.17%, to 50,872.11. The S&P 500 fell 19.08 points, or 0.26%, to 7,386.65. The

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Global oil prices fell sharply as Brent crude futures dropped more than 4% during trading before settling lower, extending volatility in energy markets tied to Middle East supply routes. Brent closed down 3% at $91.45 a barrel after touching its lowest level since

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The World Economic Forum said geoeconomic fragmentation now costs the global economy $213 billion to $307 billion each year. The estimate appears in its new report, Deepening Divides: The Cost of a More Fragmented Financial System. The report said current

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Oil prices declined in early Asian trading on Thursday as benchmark crude futures retreated from the previous session’s gains, with markets assessing confirmed Middle East developments and U.S. inventory data. Brent crude futures fell 87 cents, or 0.89 percent, to

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