Wednesday, May 18, 2022

All posts tagged "oil"

  • Trump’s Stock in Oil Pipeline Company Raises Concern

    WASHINGTON — President-elect Donald Trump holds stock in the company building the disputed Dakota Access oil pipeline, and pipeline opponents warn that Trump’s investments could affect any decision he makes on the $3.8 billion project as president....

    • Posted November 25, 2016
  • Equipment companies power Dow and S&P 500 to new records

    NEW YORK – The Dow Jones industrial average and Standard & Poor’s 500 indexes again set records Wednesday in a quiet day of pre-holiday trading. Machinery and equipment makers climbed after strong results from Deere, but technology...

    • Posted November 23, 2016
  • Spanish police arrest key suspect in Brazil corruption probe

    MADRID — Spanish police say they have arrested the suspected financial mastermind of the alleged scheme of kickbacks involving Brazil’s the state oil company Petrobras, construction companies and Brazilian politicians. The Civil Guard said Tuesday the man,...

    • Posted November 22, 2016
  • US stock indexes bust records as oil prices jump

    NEW YORK – A jump in oil prices helped pull U.S. stocks to record highs Monday as investors continue to hope for a cut in oil production that could help prices go higher. The start of the...

    • Posted November 21, 2016
  • Obama Blocks New Oil, Gas Drilling in Arctic Ocean

    WASHINGTON — The Obama administration is blocking new oil and gas drilling in the Arctic Ocean, handing a victory to environmentalists who say industrial activity in the icy waters will harm whales, walruses and other wildlife and...

    • Posted November 18, 2016
  • Bank stocks surge again, leading broader market higher

    NEW YORK – U.S. stocks rose Thursday as banks resumed their steep upward climb and retailers moved higher. Federal Reserve Chair Janet Yellen emphasized that the Fed plans to raise interest rates, which will help banks make...

    • Posted November 17, 2016
  • Markets await testimony from Yellen; dollar likely in focus

    Most traders expect a rate hike next month

    • Posted November 17, 2016
  • Bank rally fades and stocks fall; dollar hits 13-year high

    NEW YORK – U.S. stocks finished barely lower Wednesday as banks return some of the huge gains they’ve made since the presidential election last week, but technology and consumer stocks climbed. The dollar continued to appreciate against...

    • Posted November 16, 2016
  • US Cancels Energy Leases in Sacred Area

    BILLINGS, Mont. — U.S. officials are canceling 15 oil and gas leases in an area bordering Glacier National Park that’s considered sacred to the Blackfoot tribes of the U.S. and Canada, Interior Secretary Sally Jewell said Wednesday....

    • Posted November 16, 2016
  • Energy and technology stocks jump, sending US indexes higher

    NEW YORK – U.S. stocks climbed Tuesday as the price of oil made its biggest jump in seven months and energy companies rose with it. Technology stocks like Microsoft and Google’s parent Alphabet traded higher and bond...

    • Posted November 15, 2016