Bank of America (BAC) and Morgan Stanley (MS) both topped their first-quarter earnings estimates with the major bank stocks rising ahead of Tuesday's market open. US equity futures (^DJI, ^IXIC, ^GSPC) are ticking up in pre-market trading after all three of the market indices closed Monday lower. Oil prices (CL=F, BZ=F) slip as investors wait to see if Israel will retaliate against Iran after the latter coordinated an air assault against Israeli military bases on April 13. For more expert...
U.S. officials told NBC News that they expect an Israeli response to Iran's attack to be limited in scope.
Local oil firms made mixed adjustments in petroleum prices today, with the prices of diesel and kerosene rolled back while that of gasoline increased.?
Oil firms will observe an increase in pump prices in the third week of April.
By Bill Lehane (Bloomberg) –Supertankers hauling crude oil to China surged to the highest in almost a year. Some 124 of the vessels are signaling China — the world’s biggest oil
Oil prices eased after Iran said a missile strike from Israel did little damage.
By Laura He, CNN Hong Kong (CNN) — Oil prices jumped on Friday while Asian markets tumbled, with global investors worrying about an escalation in conflict in the Middle East after explosions were reported near the Iranian city of Isfahan. US crude futures rose 2.1% to trade at $84.5 per barrel during Asian morning trading
SEOUL, April 19 (Yonhap) -- The government will beef up the monitoring of
Prices had already risen in expectation of action, with Brent crude near a six-month high last week.
ESPN posted a big increase in viewership for its coverage of the first two rounds of the Masters. According to Nielsen Fast National data, the network attracted a two-day average of 3.4 million viewers for its 3 p.m. ET coverage of the tournament Thursday and Friday. That’s the largest two-day average viewership for those telecasts
In 1969, the recently independent Republic of Congo discovered an enormous oil field off its coast. The find represented both a rare opportunity for the burgeoning nation, and a potential threat—the revenue generated by oil extraction could either pave the way for a stable socialist society, or doom the country to exploitation much like that it had endured under French colonialism.
The increase this year, driven by geopolitical tensions and supply shocks,