Economy Apr 09 Doubts about the U.S.-Iran ceasefire push oil prices toward $100 and slow stocks By Stan Choe, Associated Press
Economy Apr 08 Oil plunges below $95 as Dow surges 1,100 following Iran ceasefire deal Stock prices are still below where they were before the war. And oil prices are still significantly higher because the threat remains that the war could continue and keep oil tankers blocked in the Persian Gulf. By Stan Choe, Associated Press
Economy Jun 22 Oil prices rise, U.S. stock futures slide in response to U.S. strikes on Iranian nuclear sites The price of oil rose and U.S. stock futures fell as global markets react to the U.S. strike against nuclear targets in Iran. By Associated Press
Economy Oct 08 Watch 5:48 Why gas prices are rising across the country again Major oil-producing countries, including Saudi Arabia and Russia, have announced that they are cutting oil production by 2 million barrels per day. Americans will soon feel the effects of that decision when they fill up their gas tanks, but the…
World Mar 08 Watch 7:40 How Biden's ban on Russian oil will impact the U.S. and Europe The U.S. ban on Russian oil adds another level of pressure to a strained global market. The average price for a gallon of gas in the U.S. is now $4.17, and the price of crude oil topped $130 a barrel… By Stephanie Sy, Karina Cuevas
Mar 02 Watch 6:37 How high could gas prices go as sanctions ratchet up on Russia? By William Brangham, Karina Cuevas, Courtney Norris As nations increase economic pressure on Russia, President Biden has warned that some of those moves could also end up hurting U.S. consumers, especially at the gas pump. Gas prices are already high, further pinching consumers who are also dealing… Continue watching
Mar 08 Oil plunges 25% as another virus-fueled trading week begins By Associated Press Oil prices are plunging amid worries that an OPEC dispute will lead an economy weakened by COVID-19 to be awash in an oversupply of crude. Continue reading
Mar 27 Why Canada's economy is headed off the cliff By Vikram Mansharamani Between steadily rising home prices and plummeting oil prices, Canada is an economy on the edge. And there's a risk the country's credit-binge will push it over, argues Harvard Kennedy School fellow Vikram Mansharamani in today's Making Sen$e column. Continue reading
Oct 26 Watch Oil Prices Soar Amid New Middle East Tensions Crude oil prices hit new a new high Friday, closing at more than $91 per barrel amid news of more Middle East tensions, including expanded U.S. sanctions against Iran. An energy analyst and a government professor assess the reasons for… Continue watching