Stock Market News
Oil Price - Oil prices hold steady, Russia rolls back diesel export ban
Oil prices were stable today but were on course for a week-on-week loss, as demand fears driven by macroeconomic headwinds were compounded by another partial lifting of Russia's fuel export ban today.
The Russian Oil Price Cap Can Work Again
By Jeffrey A. Sonnenfeld, the Lester Crown professor in management practice and a senior associate dean at the Yale School of Management, and Steven Tian, the director of research at the Yale Chief Executive Leadership Institute. As Mark Twain might say, reports of the death of G-7 Russian oil price cap have been greatly exaggerated.
Relief for drivers as oil price plunges below $84 in biggest weekly fall for more than a year
The oil price is on course for its biggest weekly fall for more than a year after crashing below $84 a barrel last night. On another day of turmoil on financial markets, Brent crude fell as low as $83.84, taking its losses for the week so far to more than ...
Here's why Goldman Sachs expects oil prices to reach $100 a barrel by next spring
Daan Struyven, head of oil research at Goldman Sachs, joins 'Squawk on the Street' to discuss what will push oil prices above $100 a barrel, which country's production could help prices if any, and what's happening with the Strategic Petroleum Reserve in the United States.
Oil prices extend rapid descent on demand worries
Oil prices fell about 2% on Thursday, extending the previous session's nearly 6% losses, as an uncertain demand outlook overshadowed an OPEC+ decision to maintain oil output cuts, keeping supply tight.
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