Oil Prices Continue Slide as Trump Threatens Major Drillers

Oil Prices Continue Slide as Trump Threatens Major Drillers

Brent crude fell 3.4% to $74.21 a barrel. Trump said that gas prices are not matching the decline in oil prices, so he has told the Justice Department “to immediately start looking into this.”

AI companies stabilize after rout and oil continues slide as Trump threatens major drillers

Wall Street was poised to open with modest gains Wednesday following a global sell-off in big technology stocks a day earlier. Futures for the...

Markets Stabilize as Commodities Extend Retreat

With the Strait of Hormuz reopened, technical talks continuing between the US and Iran, and the US Dollar rallying, energy and metal prices continue to decline this morning. Meanwhile, President Trump has turned his attention to prices at the pump, demanding oil companies bring gasoline prices down with oil already nearly back to pre-war levels. Stock market action has been mixed overnight but overall, equities appear to be stabilizing after ano…

@ the Bell: Markets slide as tech selloff and commodity weakness weigh

Canada’s main stock index slipped on Tuesday as oil prices declined due to reduced supply concerns, while gold also weakened thanks to expectations that the US Federal Reserve may raise interest rates. Meanwhile, US equities also fell, driven by a continued selloff in technology stocks that started the previous session. The downturn spread globally, with Asian markets also hit hard as shares tied to memory chip companies declined. TSX34,927.38-7…