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A 'litmus test' for a looming recession could come next quarter, says an economist who's been predicting a downturn for 18 months

Wed, 09/27/2023 - 23:36

david rosenberg — David Rosenberg is still calling a recession.
WealthTrack

Markets, News, Markets, mi-exclusive, Oil, energy, News

Global fossil fuel demand has to crater 25% by 2030 if the world is going to meet its climate goals, IEA says

Wed, 09/27/2023 - 14:13

Fatih Birol, head of IEA — Fatih Birol warned summer could be difficult for energy markets.
Anadolu Agency/Getty Images

Markets, mi-exclusive, Markets, IEA, international-energy-agency, fatih-birol, fossil-fuel

US oil prices surge to their highest level in 2023

Wed, 09/27/2023 - 12:19

oil rig — Jim Urquhart/Reuters

Markets, mi-exclusive, Markets, Oil, crude-oil, west-texas-intermediate, brent-crude

Oil could be headed as high as $150 unless the US boosts its output, says major exploration firm

Wed, 09/27/2023 - 04:45

Oil drilling — Oil drilling
Getty Images

Markets, mi-exclusive, Markets, Commodities, Oil, shale, OPEC

Here's why the 30% surge in oil prices won't derail the economy or consumer, according to Goldman Sachs

Mon, 09/25/2023 - 12:18

Tech Insider : Economy

California Gas Prices — Gas prices at a Shell station on September 19, 2023 in Burbank, California.
Mario Tama/Getty Images

Markets, mi-exclusive, Markets, Oil, oil-prices, Commodities, economy

Oil prices nearing $100 a barrel is bad news for inflation — but it's good news for Russia

Mon, 09/25/2023 - 00:27

Russian President Vladimir Putin delivers key speech during the Russian Energy Week 2022 in Moscow, Russia on October 12, 2022. ( — Russian President Vladimir Putin delivers key speech during the Russian Energy Week 2022.
Kremlin Press Office/Handout/Anadolu Agency/Getty Images

Markets, News, Markets, mi-exclusive, energy, Oil, Russia

US stocks fall to cap off losing week as investors assess outlook for rates

Fri, 09/22/2023 - 16:03

nyse — REUTERS/Brendan McDermid

Markets, mi-exclusive, Markets, stock-market, stock-market-news, bond-yields, Stocks

Oil is heading for $100 a barrel – and that could spoil everything for the Fed

Wed, 09/20/2023 - 06:57

Tech Insider : Economy, Economy

Oil drilling — Oil prices are nearing $100 a barrel.
Getty Images

economy, Markets, economy, Markets, Commodities, federal-reserve, interest-rates

Oil prices are on track to hit $100 a barrel, but the economy can handle it, Chevron CEO says

Mon, 09/18/2023 - 15:58

Tech Insider : Economy

gas pump prices cars — AP Photo/Gene J. Puskar

Markets, mi-exclusive, Markets, economy, Oil, oil-prices, finance

Surging oil prices could sour soft landing hopes, but it won't spark a crisis like the 1970s, market veteran says

Mon, 09/18/2023 - 13:29

A 3D-printed oil pump jack in front of the OPEC logo in this illustration picture SOURCE: REUTERS

Dado Ruvic/Reuters

Markets, mi-exclusive, Oil, oil-prices, Recessions, economic-outlook, ed-yardeni

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