The Latest Breaking News on Markets

The energy sector’s outlook looks bright amid rising oil prices fueled by constrained supplies and robust demand for crude oil and natural gas worldwide. Thus, Exxon Mobil (XOM), Shell (SHEL), and Imperial Petroleum (IMPP), with solid long-term momentum, could be ideal stock picks now. Keep reading….

War in the Middle East could cause the oil price to surge to $140 a barrel and bring the world to the brink of a recession, according to Ana Boata, head of economic research at Allianz Trade.

Asian shares have retreated as the prospect of a 5% yield on the 10-year U.S. Treasury for the first time since 2007 added to pressure on Wall Street

The local share market lost 1.2 per cent on the day and 2.1 per cent for the week on rising US bond yields and broader fighting in the Middle East.

Mixed earnings, Middle East tensions, and House Speaker election stalemate add to market challenges.

Shares have tumbled in Asia following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks

Global credit rating agency says further deterioration in Israel-Hamas war could raise oil prices with knock-on effect for inflation

Elevated oil prices and growing energy demand will likely drive sustained oil and gas production growth, creating a solid opportunity for companies providing energy services. Hence, it could be wise to invest in fundamentally sound energy stocks MRC Global (MRC), Ranger Energy (RNGR), and Geospace Technologies (GEOS) with immense growth…

Shares are mostly lower in Europe and Asia after China reported that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter

The local share market has climbed for a second straight day, rising 0.3 per cent as China announced its economy grew faster than expected in the third quarter.

Robust demand for oil and gas amid supply concerns presents a promising outlook for the energy industry. Hence, fundamentally strong energy stocks BP (BP), Ultrapar Participações (UGP) and Transportadora de Gas del Sur (TGS) might be solid buys now. Continue reading.