WTI and Brent crude oil prices fell for a third straight session on Tuesday, with the US benchmark now at its lowest level in a year. First-month Nymex crude for January delivery closed the day -3.5% at $74.25/bbl, its lowest level in nearly a year, while February Brent crude ended at – 4% to $79.35/bbl, …
Oil markets are bearish but the decline is limited | OilPrice.com Read More »
Meta stumbles upon EU concern report over targeted ads Energy stocks fall as crude trades at lowest level since January Indices down: Dow 1.03%, S&P 1.44%, Nasdaq 2% Dec 6 (Reuters) – Wall Street ended lower on Tuesday, with the S&P 500 extending its losing streak to four sessions, as jittery investors worried about Federal …
S&P posts fourth straight decline as recession talk weighs on Wall Street Read More »
The benchmark price for most diesel surcharges has fallen the most in a week since the early days of the 2009 financial crisis, with physical markets suggesting further declines are ahead. Since October 2009, the Department of Energy/Energy Information Administration’s weekly diesel price has not fallen as much as the 17.4 cents it fell on …
Benchmark diesel’s 17.4 cent drop comes amid broad market decline Read More »
“Nothing goes wrong in a straight line.” This is how functional markets adapt to a new reality: higher inflation, rates. By Wolf Richter for WOLF STREET. There was a lot of talk and hesitation and the Fed kingpin fantasized about the 10-year Treasury yield falling from 4.25% at the end of October to 3.51% at …
The pilot of the nearly 80ft workboat revved its powerful engines, pinning the bow against the base of a towering wind turbine in the gentle North Sea. Three men in yellow and orange outfits took a step on metal rungs and began to slowly scale the nearly 300ft structure, past the huge blades that help …
Giant wind farms spring up off Scotland, easing pain of oil decline Read More »
