How Hurricane Francine moving through the oil-rich Gulf of Mexico could affect gas prices
As Tropical Storm Francine heads toward the United States, many drivers may be worried about what the storm will mean for their gas tanks and their wallets. At least when it comes to tropical storms and hurricanes, gas prices and gas supplies have a lot to do with whether the storm affects oil refineries. Nearly […]
Oil Prices Fall 3% Without Real Change in Fundamentals – OilPrice.com
Julian Geiger – September 10, 2024, 10:18 AM WTI crude oil was down 3.78% to $66.11 per barrel on Tuesday morning. Brent crude prices fell below $70 a barrel for the first time since 2021. The fundamentals have not changed enough to justify a big price drop. Oil prices fell again […]
Oil Prices Tumble as Traders Turn Bearish – OilPrice.com
Rising global crude supplies and weaker-than-expected demand have made traders increasingly bearish on oil prices. Hedge funds and other asset managers accelerated selling of the most-traded oil futures contracts in the latest reporting week that ended Sept. 3. Portfolio managers cut their overall net long positions — the difference between bullish and bearish bets — […]
Silver (XAG) Forecast: Will the CPI Report Spark a Rebound in Silver Prices? – FX Empire
Daily Silver (XAG/USD)US jobs report causes uncertainty A major factor behind the decline in silver prices was mixed US labor market data, leaving traders uncertain about the Federal Reserve's (Fed) next move. The August nonfarm payrolls report showed employment increased by 142,000, below the expected 160,000, and July's figure was revised down to 89,000. Meanwhile, […]
Bitcoin Prices Plunge Below $53,000 As Multiple Factors Fuel Losses – Forbes
Bitcoin price approached $52,000 early today (Photo: Chesnot/Getty Images) Getty Images Bitcoin prices fell sharply today, dropping nearly 8% in less than 24 hours as the market reacted to several bearish factors, including lackluster employment data. The world's most famous digital currency fell to a low of $52,530 around 5pm ET. Coinbase Data Offered by […]
Tim Walz Ignores Question on How He and Harris Will Lower Prices
Minnesota Gov. Tim Walz, a Democrat, ignored questions about how he and Vice President Kamala Harris would lower prices. The video, shared by the Trump War Room, shows Waltz sitting among the crowd, with one person heard asking, “What is your administration going to do about lowering prices?”, before adding, “Can you answer a question […]
Get Labor Day weekend tickets, best prices
Vivid Seats is an official ticketing partner of the New York Post and may earn revenue from this partnership if you share or purchase this content. If you're in desperate need of last-minute planning for Labor Day weekend, look no further. The U.S. Open will take place from Friday, August 30, to Monday, September 2, […]
Gas Prices up 50 Percent Since Kamala Harris Took Office
Gas prices have risen 50 percent since Vice President Kamala Harris took over the White House, and Americans are finding little of the joy Democrats have touted, especially when it comes to going to the gas station. Gasoline prices have risen 50% since January 2021, according to U.S. Bureau of Labor Statistics data that is […]
Here’s why grocers are really raising prices
Greg Ferrara, president of the National Grocery Association, explained the factors contributing to rising food prices in an interview with FOX Business Network's Edward Lawrence. of Grocery Store Industry Some politicians have accused retailers of price gouging as consumers continue to struggle with persistent inflation, but the head of a trade group representing independent grocers […]
Gold prices rise, keep record highs in sight as inflation test approaches – Investing.com
Investing.com — Gold prices rose in Asian markets on Thursday, hovering near record highs as the dollar's rebound slowed ahead of the release of a key inflation reading that is likely to influence prospects for interest rate cuts. Safe-haven demand also boosted gold prices, especially after disappointing earnings results from market darling Nvidia Corporation (NASDAQ:) […]