Benchmark U.S. crude oilfor November delivery fell $1.97to $88.82 a barrel Monday. Brent crude for December delivery fell $1.49to $90.71 a barrel.
Wholesale gasoline for November delivery rose 1 cent to $2.41 a gallon. November heating oilfell 8 cents to $3.22 a gallon. November natural gasfell 9 cents to $2.84 per 1,000 cubic feet.
Stocks end mostly higher Monday despite resumed U.S. debt selloff
Stocks closed mostly higher to kick off October as a sharp selloff...
Stocks closed mostly higher to kick off October as a sharp selloff in longer-dated U.S. government debt resumed. The Dow Jones Industrial AverageDJIA fell about 74 points, or 0.2%, ending near 33,433, according to preliminary FactSet data. The S&P 500 Index SPX ended flat at 4,288, while the Nasdaq Composite Index COMP gained 0.7%. Surging long-term borrowing costs remain a key focus in the final quarter of 2023, with the fear being they could derail the U.S. economy and spark more corporate defaults. The benchmark 10-year Treasury yield was punching higher to about 4.682% on Monday.
LONDON (Reuters) - Oil prices pared gains after earlier climbing $1 on Monday, with questions around...
LONDON (Reuters) - Oil prices pared gains after earlier climbing $1 on Monday, with questions around supply and global demand and ahead of comments from the U.S. Federal Reserve chair that could offer insight on future interest rate moves.
Gas prices falling but a big meeting this week could affect oil supply
The good news is that gas prices nationally have come down in 12 of the last 14 days. The ...
The good news is that gas prices nationally have come down in 12 of the last 14 days. The national average retail price of gasoline on Sunday was $3.815 a gallon, down from $3.823 on Saturday, according to American Automobile Association data.
OPEC members will meet in a video meeting on Wednesday, as the world awaits to see if there is a change in their production policy.