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Oil Prices Rally As Middle East Tensions Rise, Libya Warns Of Potential Production Halt: 10 Energy Stocks On The Move Monday
Monday, August 26, 2024 - 9:49am | 902Read More...Oil futures surged significantly on Monday morning, with West Texas Intermediate (WTI) light crude rising 3% to over $77 per barrel as of 9:00 a.m. ET, amid escalating geopolitical tensions in the Middle East and fresh supply disruptions in Libya. This marks the third consecutive day of oil price...
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3 Factors Impacting Oil As Price Marks 7-Month Low
Tuesday, June 20, 2017 - 12:38pm | 502Read More...Oil prices fell to seven-month lows on Tuesday, with Brent Crude falling to $45.62 a barrel. Several oil ETFs were trading 3–7 percent lower in Tuesday’s pre-market session on the news, including United States Oil Fund LP (ETF) (NYSE: USO), which fell to its lowest since February 16,...
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Oil Is Now Trading At A New 2017 Low
Tuesday, June 20, 2017 - 11:03am | 328Read More...Oil prices entered bear territory on Tuesday after falling more than 3 percent. The price of oil hit a seven-month low near the $43 per barrel level which implies the commodity is trading at its lowest levels in 2017. The latest reason for the weakness is attributed to signs of rising output from...
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Och-Ziff Gets Killed By Bribery Talk
Tuesday, April 12, 2016 - 2:40pm | 182Read More...Shares of Och-Ziff Capital Management Group LLC (NYSE: OZM) hit a new 52-week low of $2.89 on Tuesday after the company was alleged to have engaged in illegal bribing activity. The hedge fund is being pursued by the Justice Department for allegedly bribing government officials in Africa....
