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What's next for oil prices? Here's what to know

  • What's next for oil prices? Here's what to know What's next for oil prices? Here's what to know 4:05
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    February's Record Run February's Record Run 10:51
June WTI oil trades at $66.25/bbl on Nymex vs. $66.36 before the supply data
6:32 a.m. Today
EIA data show U.S. crude-oil inventories down 400,000 barrels last week
6:32 a.m. Today
EIA reports U.S. distillate stockpiles down 1.7 million barrels
6:32 a.m. Today
EIA reports U.S. gasoline supplies up 400,000 barrels
6:32 a.m. Today
5:58 a.m. Today - By Jeffry Bartash
U.S. inflation soars in April to 13-year high, CPI shows, and reveals fresh stress on the economy Consumer prices rose sharply again in April and drove the rate of inflation to the highest level in nearly 13 years, signaling greater stress on the economy as businesses grapple with supply shortages that are raising the cost of many goods and services.
5:50 a.m. Today - By William Watts
Dow slides after inflation climbs to highest in 13 yearsU.S. stock-index futures add to early weakness Wednesday morning, after a reading on inflation for April climbed 4.2%, marking the highest reading in about 13 years, reigniting the specter of a surge in pricing pressures that analysts say could prompt the Federal Reserve to dial back its easy money policies.
5:37 a.m. Today - By Abby Schultz
Basquiat ‘Skull’ Painting Sells for US$93.1 million at Christie’s“In This Case” was the highlight of the auction house’s 21st-century sale, which saw 11 artist records
5:36 a.m. Today - Barrons.com
U.S. Stocks Are Lower as Inflation Data Comes In Strong European stocks have rebounded from their worst day in 2021.
5:10 a.m. Today - By Barbara Kollmeyer
These 'panic events' could soon spell relief for stock markets, says top strategist Thomas Lee Fundstrat Global Advisors’s founder Thomas Lee says market capitulation could be at hand, thanks to a surge in the VIX and a plunge for the NYSE Tick Index.
4:49 a.m. Today - Barrons.com
What Rising Inflation Means for the Stock Market EU court says Amazon was wrongly ordered to pay $300 million in back taxes, job openings hit a record, long lines at East Coast gas stations, and other news to start your day.
4:30 a.m. Today - By William Watts
Oil prices jump after upbeat demand outlook as traders keep eye on gas shortages in southeastern U.S.Oil futures jump Wednesday, boosted by an upbeat outlook for demand in the second half of 2021 and data showing a drop in U.S. crude inventories, while traders keep an eye on gasoline shortages across the Southeast as Colonial Pipeline moves to restore service on a key fuel artery.
3:30 a.m. Today - MarketWatch
Oil glut returns to near pre-pandemic levels: IEAThe oil supply glut that built up after the pandemic forced producing countries to slash output has almost returned to normal levels, the International Energy Agency said Wednesday. But in its monthly report, the IEA cut its 2021 global demand growth forecast by 270,000 barrels to 5.4 million barrels a day.
3:05 a.m. Today - By Philip van Doorn
20 cybersecurity stocks Wall Street believes can rise up to 79% over the next year The ransomware attack on Colonial Pipeline Co. highlights an obvious area for growth in the technology sector.
3:00 a.m. Today - Barrons.com
A Sustainable Stock Fund That Isn’t Your ‘Typical Growth Strategy’ The Mirova Global Sustainable Equity fund focuses on finding sustainable companies that will lead or adapt to major global transitions related to demographics, the environment, technology, and governance.
1:29 a.m. Today - By Jack Denton
European stocks rebound from worst day in 2021, as U.S. futures remain negativeStocks in Europe inched higher on Wednesday, rebounding slightly from the worst trading day of 2021 as U.S. stock market futures remain set to open lower.
9:41 p.m. May 11, 2021 - MarketWatch.com
Asian stocks drop, led by a nearly 4% tumble in Taiwan equitiesStocks across Asia have been influenced by Wall Street losses. More U.S. inflation were due out Wednesday. Investor concern is increasing following a price rise for industrial materials including copper and crude oil.
7:35 p.m. May 11, 2021 - By Andrew Keshner
Gas prices are ticking up after the Colonial Pipeline ransomware attack --- here's where drivers will be most affectedThe company delivers approximately 45% of all fuel to the East Coast in a pipeline that stretches from Texas to the New York Harbor.
3:12 p.m. May 11, 2021 - By Joy Wiltermuth
What is the Jones Act? And why might waiving it help ease gas 'supply crunch'?The Biden administration is exploring a temporarily waiver of the Jones Act, a key U.S. shipping law, to allow foreign vessels to carry fuel up the Eastern Seaboard to ease supply bottlenecks following the Colonial Pipeline shutdown.
1:31 p.m. May 11, 2021 - By MarketWatch Automation
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1:04 p.m. May 11, 2021 - By MarketWatch Automation
12:58 p.m. May 11, 2021 - By MarketWatch Automation
12:58 p.m. May 11, 2021 - Barrons.com
Flora Growth, the Newest Cannabis Stock, Drops in IPO The company, based in Toronto, raised about $16.7 million with its initial public offering.
12:58 p.m. May 11, 2021 - By MarketWatch Automation
12:57 p.m. May 11, 2021 - By MarketWatch Automation
12:55 p.m. May 11, 2021 - By MarketWatch Automation
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12:52 p.m. May 11, 2021 - By MarketWatch Automation
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12:51 p.m. May 11, 2021 - By MarketWatch Automation
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