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Patti Domm, CNBC.com’s Posts
Crude prices jumped on Tuesday after the U.S. State Department ordered companies to cut all of their oil imports coming from Iran to zero by November. West Texas Intermediate futures for August delivery traded 3 percent higher at $70.19 per barrel, erasing earlier losses and breaking above $70 for the first time since May 25. …
Prices at the pump are expected to top $3 a gallon for unleaded gasoline in many parts of the country in coming weeks, as summer driving season approaches.
A cold winter in China could be signaling a hotter market for a new wave of US natural gas exports sooner than expected.
The electric vehicle market is tiny, but it’s created some very big questions about the future of gasoline demand. Morgan Stanley analysts Wednesday issued a forecast for global miles driven rising to 32 trillion by 2030, up from 11 trillion currently, with emerging markets a big driver of the growth. They say that forecast is …
The stock market’s biggest enemy this week has been rising interest rates, and there are three big events coming up that could push rates higher.
The Fed has the green light to hike interest rates when it meets later this month.
Pre-game and post-game, Wall Street will be handicapping outcomes of what has been the most contentious presidential election in recent history.
An agreement by OPEC to work toward a production cut could put a floor under oil and points to the strain low crude prices have had on producers.
Now that the Fed’s meeting is over, market focus could swing to Monday night’s presidential debate between Donald Trump and Hillary Clinton.
Fed Chair Janet Yellen, based on her recent remarks at the Fed’s Jackson Hole conference, clearly wants to get back in the game.
The biggest buyers of U.S. Treasurys have turned fickle on U.S. debt, just when they may be needed most.
Disappointing retail sales raises more concern about the consumer and reaffirms the view that the Fed will not raise rates next week.
Drivers may see the cheapest average fall gasoline prices since the year President Barack Obama was first elected.
The Republican convention kicked off with its first big market surprise – Donald Trump wants to break up the big banks.
March’s jobs report was solid, but it contained a warning signal of slower labor growth ahead.