Airline stocks sold off on Monday as grounded flights and a rise in crude oil prices fueled concerns about shrinking profits due to rising jet fuel costs. Shares of Delta Air Lines (DAL) fell 5% before paring losses, while American Airlines (AAL) fell as much as 6% and United Airlines (UAL) fell as much as…
March WTI crude oil (CLH26) closed down -0.04 (-0.06%) on Friday and March RBOB gasoline (RBH26) closed down -0.0093 (-0.46%). Crude oil and gasoline prices fell on Friday amid concerns about energy demand after U.S. fourth-quarter GDP grew at a slower-than-expected pace. However, crude oil losses were limited due to a weaker dollar and geopolitical…
ConocoPhillips (NYSE:COP) is included among The 13 Best Long-Term Low-Risk Stocks to Buy Now. ConocoPhillips (COP) Gets Higher Target on Roth Capital as Cost Cuts Move Ahead On February 5, Roth Capital Partners raised their price target on ConocoPhillips (NYSE:COP) to $112 from $105. He also maintained a Buy rating on the stock. The move…
Today January WTI Crude Oil (CLF26) rose +0.76 (+1.38%) and January RBOB Gasoline (RBF26) rose +0.0166 (+0.99%). Crude oil and gasoline prices are rising today amid increased geopolitical risks in Venezuela and Russia. President Trump ordered a blockade of sanctioned tankers off Venezuela, and the United States is preparing new sanctions on Russian energy exports…
January WTI Crude Oil (CLF26) closed Friday up +0.41 (+0.69%) and January RBOB Gasoline (RBF26) closed up +0.0070 (+0.38%). Crude oil and gasoline prices closed higher on Friday, with crude oil hitting a two-week high. Crude oil prices are supported by prospects for a continued war in Ukraine, which will keep sanctions on Russian energy…
The S&P 500 Index ($SPX) (SPY) today rose +0.38%, the Dow Jones Industrials Index ($DOWI) (DIA) fell -0.22% and the Nasdaq 100 Index ($IUXX) (QQQ) rose +0.74%. December E-mini S&P Futures (ESZ25) rose +0.39% and December E-mini Nasdaq Futures (NQZ25) rose +0.70%. US stock indices are mostly higher today as they recoup some of this…
December WTI Crude Oil (CLZ25) closed Tuesday down -0.49 (-0.80%), and December RBOB Gasoline (RBZ25) closed up +0.0067 (+0.35%). Crude oil prices fell on Tuesday amid pressure from a stronger dollar, as the dollar index (DXY00) rose to a three-month high. Additionally, Tuesday’s stock market decline has dampened confidence in the economic outlook and energy…
December WTI Crude Oil (CLZ25) closed up +0.33 (+0.55%) on Wednesday and December RBOB Gasoline (RBZ25) closed up +0.0273 (+1.47%). Crude oil prices rose on Wednesday amid an outlook for tighter global oil supplies. Crude oil prices rose on expectations that President Trump will comply and apply new oil sanctions on Russia to pressure Russian…
November WTI Crude Oil (CLX25) was down -0.17 (-0.30%) today and November RBOB Gasoline (RBX25) closed down -0.0191 (-1.04%). Crude oil and gasoline prices gave up an early advance today and turned lower as the dollar (DXY00) strengthened. Crude oil is also being weakened by the negative carryover from last Thursday, when President Trump said…
November WTI Crude Oil (CLX25) is down -0.06 (-0.10%), and November RBOB Gasoline (RBX25) is down -0.0084 (-0.46%) today. Crude oil and gasoline prices gave up an early advance today and fell after EIA weekly crude oil inventories unexpectedly rose and U.S. crude production rose to a record level. Crude oil prices initially rose today…
