The Latest Breaking News on Markets

US central bank holds interest rates at 22-year high, but expects to cut rates three times next year as inflation continues to fade

The oil industry is expected to sustain momentum with an anticipated price rise in the coming year. Considering this, let's explore whether to buy or hold energy stocks Permianville Royalty Trust (PVL), Schlumberger Limited (SLB), and Subsea 7 (SUBCY) this December. Read on….

Asian shares are mixed ahead a decision by the U.S. Federal Reserve on interest rates

The local share market rose 0.3 per cent, with Fortescue and Rio Tinto hitting new highs while a drop in oil prices pressured producers.

Oil markets trade on a variety of factors including geopolitical pressures, government regulation, and country specific output. That’s not to mention simple supply and demand. The best time to look at oil related stocks is in the lower end of a range or cycle, because you know eventually oil will…

Governmental strategies, production cuts, and optimistic forecasts are fueling a surge in oil prices. Given this trend, let’s take a closer look at energy stocks, Delek US Holdings (DK), Solaris Oilfield (SOI), and Permianville Royalty Trust (PVL), which are exhibiting promising potential for solid gains. Read more….

There is no denying the bull run for stocks since the last Fed meeting on 11/1. In fact, the S&P 500 (SPY) finally broke above the July highs to peak levels for the year above 4,600. The main thing for investors to contemplate is whether the 12/13 Fed announcement will…

Amid heightened demand for oil and gas, the energy sector is on the brink of substantial expansion. Moreover, Wall Street analysts expressed optimistic views triggered by constrained supply. Given this backdrop, quality energy stocks Marathon Petroleum Corporation (MPC), ChampionX Corporation (CHX), and Liberty Energy (LBRT) could be solid buys for…

Asian markets have advanced following a positive close on Wall Street

With solid oil and gas demand, coupled with limited supplies, there is a likelihood of oil price surges. Given this backdrop, it could be an opportune time for investors to add quality energy stocks like Marathon Petroleum Corporation (MPC), Par Pacific Holdings (PARR), and Graham Corporation (GHM) to the portfolio.…

One of the catalysts for last week's gains was Friday's November labor market report. It showed that the U.S. economy continued to churn new jobs at a moderate pace in line with Wall Street's expectations.