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Oil Climbs As Chances Of Gaza Truce Talks Appear Slim, Saudi Hikes Prices

Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil-producing region. ....

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U.S. Drilling Activity Slips Further As Oil Prices Rise

The number of oil rigs saw a small hike this week as Brent crude rallied past $90 per barrel, but the number of gas-directed rigs dropped ....

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03Jun2021 Market Close: Dow Snaps 5-day Win Streak As Investors Await May Jobs Report, DOW Closes Down Flat 23 Points, Nasdaq Down Sharply 1.1%, Dollar Spikes Most In 9 Months 90.47

Written by GaryTexas gas companies to pay steep bill to avoid another power crisis (SPY -0.4%). DOW ends session flat as economic comeback plays offset losses in tech. ....

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