Oil prices dropped about 2% to a two-week low on Monday, driven by news of Chinese startup DeepSeek’s energy-efficient AI model, raising concerns over energy demand for data centers. Brent crude fell $1.42 (1.8%) to $77.08 per barrel, and U.S. West Texas Intermediate (WTI) dropped $1.49 (2.0%) to $73.17, marking their lowest closes since Jan. […]
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“There is nothing impossible to him who will try.” -Alexander the Great Jobs Update Stocks closed lower on Friday of last week, but mixed week over week The DOW closed lower on Friday of last week, down -140.82 points (-0.32%) and closing out the week at 44,424.25, up 936.42 points week-over-week. The S&P 500 closed […]
Oil prices edged slightly higher on Friday but posted a weekly decline, ending a four-week streak of gains. Brent crude futures settled up 21 cents (0.27%) at $78.50 per barrel, while U.S. West Texas Intermediate (WTI) rose 4 cents (0.05%) to $74.66. Despite these gains, Brent fell 2.8% for the week, and WTI dropped 4.1%. […]
Oil prices fell on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to lower oil costs during his address at the World Economic Forum. Brent crude settled down 71 cents (0.9%) at $78.29 per barrel, while U.S. West Texas Intermediate (WTI) dropped 82 cents (1.09%) to $74.62. Trump’s call for lower oil […]
Oil prices fell on Wednesday as markets assessed the potential impact of U.S. President Donald Trump’s proposed tariffs on global economic growth and energy demand. Brent crude declined by 29 cents (0.4%) to settle at $79.00 per barrel, while U.S. West Texas Intermediate (WTI) dropped 39 cents (0.5%) to $75.44. This marked Brent’s fifth consecutive […]
Oil prices fell on Tuesday, driven by concerns of oversupply and heightened U.S. output following President Donald Trump’s declaration of a national energy emergency on his first day in office. Brent crude futures dropped 86 cents (1.1%) to $79.29 per barrel, while U.S. West Texas Intermediate (WTI) for February delivery declined $1.99 (2.6%) to $75.89 […]
“I still believe, in spite of everything, that people are truly good at heart.” -Anne Frank Jobs Update Stocks closed higher on Friday of last week and higher week over week Major indices experienced varied movements this week following geopolitical developments, strong U.S. employment figures, and mixed signs in inflation data. The DOW closed higher […]
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Oil prices fell on Friday, with Brent crude down 50 cents (0.6%) to $80.79 per barrel and U.S. West Texas Intermediate (WTI) crude dropping 80 cents (1%) to $77.88 per barrel. Despite the daily losses, both benchmarks posted weekly gains, with Brent up 1.3% and WTI climbing 1.7%. The market reacted to new U.S. sanctions […]