Crude prices slide on signs of rising U.S. inventories

2019-06-12

Crude prices fell Wednesday after a report on U.S. crude supplies indicated a sharp jump in inventory, ahead of official data from the Energy Information Administration later. West Texas Intermediate crude for July delivery CLN19, -2.55%  fell 89 cents, or 1.7%, to $52.39 a barrel on the New York MercantileRead More →

AAA forecasts a decline in summer gas prices

2019-06-05

The summer driving season has just begun, but gasoline prices at the pump may be ready to drop following steep declines in the price of crude oil. In a report released Thursday, motorist and leisure travel group AAA said drivers may have already seen the highest prices of the yearRead More →

Gold prices see muted trade as stocks attempt tepid bounce

2019-05-30

Gold futures on Thursday were swinging between slight gains and losses as equity markets drifted higher amid persistent worries about U.S.-China trade tensions and fears of sluggish global economic growth. Gold for August delivery on Comex GCM19, +0.40% most recently, was down $1.30, or 0.1%, to trade at $1,285 anRead More →

Asian markets slip as oil prices surge

2019-04-22

Asian markets were largely down in early trading Tuesday as oil prices surged to nearly six-month highs after the U.S. said it would soon impose sanctions on all buyers of Iranian oil. Japan’s Nikkei NIK, -0.04%   was off 0.2%, while Hong Kong’s Hang Seng Index HSI, -0.08%   wasRead More →

Home prices fall to a fresh 4-year low, Case-Shiller says

2019-02-26

iStockphoto Row of colorful homes in Issaquah, Washington. The numbers: The S&P CoreLogic Case-Shiller 20-city index rose a seasonally adjusted 0.2% in December compared to November and was 4.2% higher compared to a year ago. That was the slowest pace of annual growth since November 2014. What happened: Home priceRead More →