Strategists say don’t hold your breath, the gains won’t last Oil prices surged Friday, moving in step with stock futures and European stock markets, which also climbed after a volatile week of trading. On the New York Mercantile Exchange, light, sweet crude futures for delivery in NovemberCLX4, +0.36% jumped $1.05, or 1.3%, to $83.75 a barrel in […]
Published: Oct 14, 2025 3:44 p.m. ET U.S. oil prices suffer biggest one-day drop in nearly 2 years International Energy Agency By WILLIAMWAFTS NEW YORK (MarketWatch) — The shale-oil revolution has contributed to a rout in global oil prices. Now, will U.S. shale-oil producers, who have been enjoying boom times in oil, become a victim of their own success? […]
Brent, gasoline futures settle at 4-year low Getty Images Oil prices continued to slide on Tuesday, though strategists said the selloff may be overdone. By WILLIAMWATTS NEW YORK (MarketWatch) — The collapse in crude-oil prices continued Tuesday, with the U.S. benchmark hitting its lowest level since June 2012. The sharp slide occurred after the […]
Insight Equity Holdings Has Scored Gains of About $1.4 Billion on $91 Million Investment By GREGORY ZUCKERMAN CONNECT Sept. 15, 2014 1:17 p.m. ET A Superior Silica Sands mine near Poskin, Wis. A boom in shale-oil drilling has pushed up demand for sand used in hydraulic fracturing. Lonnie Wishart A small Texas investment firm has […]
NEW YORK (MarketWatch) — With oil prices tumbling — and dragging gasoline prices at U.S. pumps further below $4 a gallon — investors wonder if Saudi Arabia will cut production in an effort to stop the slide. Don’t count on it. In a note, commodity strategists led by Seth Kleinman at Citi argue that the […]