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Oil prices skid amid global stock market slump, swelling U.S. supplyOil prices fell 1 percent on Wednesday, weighed down by swelling U.S. inventorie... And they still want to drill in ANWR? It's environmentally stupid and economically impossible. but let's hurry up and destroy the Arctic Refuge America is rapidly using up its petroleum resources. It may take hundreds of centuries before geological pressure can turn the burial ground of old Republicans into a new abundant source of petroleum.
Source: Reuters - 🏆 2. / 97 Read more »
Oil price 'meltdown' puts offshore drilling stocks 'back to square one,' analyst saysInvestment bank Jefferies cut its price targets for offshore drilling stocks on Friday, saying the collapse in oil prices has made an anticipated recovery for the beaten-down sector in 2020 unlikely.
Source: CNBC - 🏆 12. / 72 Read more »
US futures point to slight recovery after Tuesday's market routU.S. stock futures implied a slight recovery for the major indexes when they return to trade on Thursday. Stop manipulating the market like this. This morning you reported that we were headed to a recession. Good grief. No stock manipulation here. Sure futures be in the red by Thursday. Pretend invisible rebound on Wednesday....oh. Wait. Markets closed. Down again for Thursday.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. stock market futures surge after trade-war timeoutInsanity Wait til Trump opens his mouth and see what happens! “Here are the worst-performing stocks on ‘Tariff Man’ Tuesday “
Source: MarketWatch - 🏆 3. / 97 Read more »
Why the stock market is obsessed with oil pricesStock traders see the oil market as a sort of recession barometer, with crude volatility amplifying hopes and fears about Fed policy, U.S.-China trade relations and economic growth.
Source: CNBC - 🏆 12. / 72 Read more »
Cramer: Oil prices are taking too much control over the stock market's movesJim Cramer laments the power that oil prices currently wield over individual stocks. How’s jimcramer still on TV. Buy Lehman! Buy $PCG! Costing retail investors $millions! We’re pricing global growth. Oil should be and is in full control.
Source: CNBC - 🏆 12. / 72 Read more »
Oil's sharp price drop fuels questions for stock marketU.S. stock investors are wary that a 30 percent slump in oil prices will pressur... Only would bemoan dropping gas prices for the sake of Wall Street. Shale gas producers and other western producers will go out of business & unemployment will rise!When it increases cost of living increases! Soooo? Btw don’t bother abt Stocks(short sellers)they thrive on these ups & downs! 2008 market crash happened with oil price pushing 100 plus.
Source: Reuters - 🏆 2. / 97 Read more »