Pre. Settlement | N/A |
Settlement date | 2026-10-20 |
Open | 0.00 |
Bid | 0.00 |
Last price | 56.30 |
Day's range | 0.00 - 0.00 |
Volume | |
Ask | 0.00 |
(Bloomberg) -- Oil posted its largest quarterly rally since the initial jolt from the war in Ukraine as lower Russian fuel exports threaten to further tighten a market wrestling with OPEC+ production cuts. Most Read from BloombergEurope’s Richest Royal Family Builds $300 Billion Finance EmpirePakistan Rupee Set to Become Top Performing Currency Globally Murder Claim in Canada Is Only Helping India Leader Modi at HomeHouston Oil Trader Aims to Snap Up More of Europe’s Football UpstartsWeight-Loss
(Bloomberg) -- The Biden administration unveiled plans Friday to hold three auctions for offshore drilling rights over the next five years — angering both climate activists pushing to end the practice and oil industry advocates who want more sales.Most Read from BloombergEurope’s Richest Royal Family Builds $300 Billion Finance EmpirePakistan Rupee Set to Become Top Performing Currency Globally Murder Claim in Canada Is Only Helping India Leader Modi at HomeHouston Oil Trader Aims to Snap Up Mor
The Federal Reserve's primary tool to gauge inflation core PCE indicated cooling inflation in the month of August. Investors are paying close attention to how the market is digesting the economic data today, looking to the energy sector in particular. LPL Financial Chief Technical Strategist Adam Turnquist joins Yahoo Finance to break down the energy sector's performance and how it ties back to August's PCE index. Turnquist attributes energy's overall performance — outperforming the S&P 500 (^GSPC) in recent months — to why his company upgraded the sector: "It trades relatively cheap to the market, so if you're looking for some value it has a dividend yield." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.