Oil prices settle at December high as traders weigh escalating Red Sea tensions Oil futures on Tuesday settled at their highest level this month in holiday-thinned trading, as U.S. traders.
Oil prices score weekly gain as worries rise over Red Sea Oil futures ended slightly lower Friday but booked weekly gains as worries remained over disruptions to shipments in the Red Sea.
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Nike Cuts Fiscal-Year Guidance Amid Weak Growth Prospects The shoe and apparel company now expects to end its fiscal year with revenue growth of about 1%, Finance Chief Matt Friend said.
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Energy Company Hess Agrees to Pay Up to $187 Million to Settle Asbestos Claims With the deal, a bankrupt Hess subsidiary is on its way to exit chapter 11.
Oil prices finish lower after.