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Oil Prices

US inflation cooled in August thanks to lower energy prices

Falling oil and gasoline prices and the rest of the energy complex contributed to slow the annual inflation rate in August. According to AAA dataGasoline prices averaged $3.253 per gallon on Wednesday, compared with $3.445 a month ago and $3.832…

Oil price stable as supply problems in Libya offset modest US stock decline

By Arunima Kumar (Reuters) – Oil prices steadied on Thursday after two sessions of losses as concerns over Libyan supplies helped offset a smaller-than-expected draw in U.S. crude inventories that dampened demand expectations. Brent crude futures rose 29 cents, or…

Woodside exceeds earnings and dividend forecasts, strong interest in selling Driftwood stake evident

By Himanshi Akhand and Lewis Jackson (Reuters) – Australian company Woodside Energy reported a 14 percent drop in its half-year profit on Tuesday due to lower oil prices. However, earnings and dividends were better than the market expected, so the…

Indian Stock Market: 7 Key Things That Changed For The Market Over The Weekend – Nifty Gift To Dovish US Fed Chairman Jerome Powell

Indian Stock Market: Domestic benchmark equity indices Sensex and Nifty 50 are likely to open higher on Monday amid optimistic sentiment in global markets on hopes of interest rate cuts. Asian markets posted mixed trading results, while the US stock…

A top contender among oilfield services stocks with significant upside potential

We recently published a list of The 10 Best Oilfield Services Stocks to Buy NowIn this article, we will look at how Halliburton Company (NYSE: HAL) compares to other stocks in the oilfield services sector. Brent crude oil prices have…

Leading the way among the best oilfield services stocks to buy now

We recently published a list of The 10 Best Oilfield Services Stocks to Buy NowIn this article, we will look at how Dril-Quip, Inc. (NYSE:DRQ) compares to the other stocks in the Oilfield Services sector. Brent crude oil prices have…

Indian Stock Market: 10 Key Things That Changed Overnight For The Market – Gift Nifty, US Fed Minutes On Payroll Data

Indian Stock Market: Indian stock market indices Sensex and Nifty 50 are expected to open higher on Thursday on the back of positive momentum in global markets. Asian markets rose while the US stock market closed the night higher after…

Oil price rises after US crude inventories fall, weak Chinese economy limits gains

By Georgina McCartney HOUSTON (Reuters) – Oil prices rose slightly on Wednesday after a bigger-than-expected draw in crude inventories, offsetting some concerns about China’s weakened economy potentially hurting demand in the world’s largest crude importer. Brent crude futures rose 13…

Indian Stock Market: 8 Key Things That Changed For The Market Over The Weekend – Gift Nifty, US Consumer Sentiment On Gold Prices

Indian Stock Market: Domestic benchmark equity indices Sensex and Nifty 50 are expected to open higher on Monday amid optimistic sentiment in global markets. Asian markets saw mixed trading, while U.S. stock futures rose in overnight trade after the S&P…

Indian Stock Market: 8 Key Things That Changed Overnight For The Market – Gift Nifty, US Retail Sales For Nasdaq Rally

Indian Stock Market: Domestic equity market indices Sensex and Nifty 50 are likely to open higher on Friday amid a recovery in global markets. Asian markets rose, while the US stock market ended the night with strong gains after new…