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The Oil Futures Crash Is a Warning to Gold Speculators

The metals complex showed relative stability this week as the oil market suffered a historic meltdown. West Texas Intermediate Crude crashed 70% at one point this week on the continuous contract, bringing prices briefly below $7 per barrel. By Thu.....»»

Category: bullionSource: goldsilverworldsMay 8th, 2020

Oil prices open down on persistent oversupply worries

U.S. crude futures fell more than 5% in early trade on Monday, paring last week's gains, on worries about oil oversupply and tempered hopes for an economic recovery as some U.S. states and cities around the world ease coronavirus pandemic restrictions......»»

Category: topSource: reutersMay 3rd, 2020

US oil drops again as oversupply concerns keep roiling markets

US oil prices are still falling as investors continue to fret about an excess supply of crude at a time when no one wants any......»»

Category: topSource: moneycentralApr 28th, 2020

US oil drops as much as 20% as oversupply concerns keep roiling markets

US oil prices are still falling as investors continue to fret about an excess supply of crude at a time when no one wants any......»»

Category: topSource: moneycentralApr 28th, 2020

Oil slumps 30%, ending 3-day winning streak as global oversupply outweighs production cuts

Drone Base/Reuters WTI crude oil plummeted as much as 30% on Monday, ending a th.....»»

Category: topSource: businessinsiderApr 27th, 2020

Hawaii Island to receive $61M in additional aid for disaster relief following 2018 eruptions

Hawaii Island is set to receive more than $61 million in federal aid to rebuild roads that were destroyed in the 2018 Kilauea eruptions, members of Hawaii's congressional delegation announced Tuesday. A portion of the funds will go toward repairi.....»»

Category: topSource: bizjournalsApr 21st, 2020

Oil Tanker Stocks Bounce Big on Crude Oversupply

Monday's plunging crude oil price lifted tanker stocks by double-digit percentages. How long can that last?.....»»

Category: blogSource: 247wallstApr 21st, 2020

Oil crashes, ends negative for the first time in history

U.S. crude oil futures turned negative on Monday for the first time in history, ending the day at a stunning minus $37.63 a barrel as traders sold heavily because of rapidly filling storage space at the key Cushing, Oklahoma, delivery point......»»

Category: topSource: reutersApr 20th, 2020

China March crude oil runs hit 15-month low as refiners extend output cuts

China's daily crude oil throughput in March hit the lowest level since December 2018 with state refiners maintaining deep output cuts as the coronavirus pandemic eroded fuel demand......»»

Category: topSource: reutersApr 17th, 2020

Stocks, crude plunge on economic data, oil oversupply

A double whammy of economic data showing the U.S. economy in a deep downturn and reports of persistent crude oil oversupply and collapsing demand slammed global markets on Wednesday as vivid reminders of the damage from coronavirus-related lockdowns......»»

Category: topSource: reutersApr 15th, 2020

Oil prices slump 3% after Saudi Arabia and Russia delay talks to end their price war

Dennis Van Tine/STAR MAX/IPx 2018 via AP Crude oil prices slid more than 3% on Monday on reports that Russia and Saudi Arabia have postponed their oil pr.....»»

Category: topSource: businessinsiderApr 6th, 2020

Oil skids as oversupply fears pile up with U.S. inventories growth

Global crude oil prices slid further on Wednesday, following their biggest-ever quarterly and monthly losses, as a bigger-than-expected rise in U.S. inventories and a widening rift within OPEC heightened oversupply fears......»»

Category: topSource: reutersApr 1st, 2020

Oil prices mixed, U.S. inventory build-up heightens oversupply concerns

Crude oil benchmarks opened the month mixed on Wednesday, following their biggest-ever quarterly and monthly losses, overshadowed by fears of global oversupply as data showed a bigger-than-expected rise in inventories in the United States......»»

Category: topSource: reutersMar 31st, 2020

Oil Stocks Plunge on Oversupply, Crumbling Demand

Oil prices are plummeting again Monday following estimates that up to 10 million barrels of crude will be cut from daily demand as the global economy tries to deal with the coronavirus epidemic and........»»

Category: blogSource: 247wallstMar 16th, 2020

Five-story mixed-use building planned for long-vacant Fells Point lot

The project from Chasen Cos. is across the street from the former Budeke's Paints, which was destroyed in a fire in 2018......»»

Category: topSource: bizjournalsMar 10th, 2020

Monday"s Market Minute: Equity Futures Limit Down As Crude Craters

Global indices and interest rates continue to point south this morning as concerns rel.....»»

Category: earningsSource: benzingaMar 9th, 2020

Is Ford Stock a Hopeless Cause?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The point is not much has changed since I wrote about Ford in December 2018. The same c.....»»

Category: topSource: investorplaceMar 6th, 2020

Is Ford stock a hopeless cause?

The point is not much has changed since I wrote about Ford in December 2018. .....»»

Category: topSource: moneycentralMar 6th, 2020

Volumes Flat As Trucking Fundamentals Wane

The Outbound Tender Volume Index (OTVI.USA) has continued its horizontal trajectory below its March 2018 starting point of 10,000 since it recovered from its New Year's trough. 0 read more.....»»

Category: blogSource: benzingaFeb 10th, 2020

Crane Watch: Six major office projects set for completion this year (slideshow)

The last decade saw a massive shift for San Antonio’s office portfolio, with the opening of downtown’s first Class A office tower in decades plus significant growth along Lower Broadway. Vacancy hit its lowest point in the decade in 2018, acco.....»»

Category: topSource: bizjournalsFeb 5th, 2020