The death toll has risen to at least 42, and more than 750 people injured. Demonstrations against President Nicolas Maduro administration in Venezuela keep growing.
Stocks were off to a good start Monday, with the Dow Jones Industrial Average up over 200 points in late-day trading. Oil prices were climbing and recovering, affecting the rest of the market. This week, it is a good time to grab a position in companies that are headed higher.
Despite increase in oil, stocks fall Thursday Stocks fell Thursday, the last day of trading of 2015, rounding out the worst year of performance in the S&P 500 and Dow Jones indices since 2008.
Oil prices continued to fall again on Monday as concerns of weak demand continued to worry investors. Since the end of last year, U.S. oil futures are down 30 percent.
U.S. stocks are up Tuesday, Dow up over 300 points at the opening bell U. S. stocks recovered Tuesday after their brutal losses Monday with the Dow Jones industrial average up over 300 points at the opening.
Brazil's state-controlled oil producer, Petróleo Brasileiro SA, commonly known as Petrobas, has hired JPMorgan to handle $3 billion in planned asset sales this year. JPMorgan Chase & Co. has been tasked with this duty after a corruption scandal blocked financing for the oil company.
Mexico just opened up oil-sector investment to private companies for the first time in decades. Now, with slumping oil prices, the country is forced to cut $8.4 billion from its 2015 budget.
For the first time in nine months, drivers across the United States saw the cost of fuel rise over the past two weeks, a Lundberg survey released Sunday showed. A gallon of regular-grade gasoline on average cost $2.20 across the nation.
Oil could be headed back to "normal" prices per barrel according to Secretary-General of Organization of the Petroleum Exporting Countries (OPEC) Abdullah al-Badri said Wednesday.
The market rallied Thursday morning off Wednesday's Fed announcement The S&P 500 surged over 20 points and the DOW shot up 225 points Thursday morning as stocks continued to rise after yesterday's announcement from the Federal Reserve Board that they will be "patient" in raising interest rates, and will wait a "considerable time" before doing so.
The cost of a barrel of oil dropped below $57 on Monday as U.S. stocks fell in a roller coaster trading day. OPEC, meanwhile, has no plans to revise production, the energy minister of the United Arab Emirates said.
Service stations in Oklahoma City were offering gas below $2 a gallon, though the national average for regular still tops that price by about 75 cents.
Gas prices are set to continue their fall and might come in below $2 in some regions of the United States by as early as the end of this week. The bargain prices are fueled by a decision from the Organization of the Petroleum Exporting Countries to keep oil production at current levels.
Discussions got heated before deal was finalized Shares of Halliburton are trading down almost 10 percent Monday after the oil company agreed to buy its rival Baker Hughes for almost $35 billion.
The ex-wife of a wealthy Oklahoma oil tycoon plans to appeal her divorce judgment, stating that her $1 billion awarded cash and assets were below her marital wealth.
