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☆ Stocks Close Lower as Recession Worries Deepen
▼ + stars: | 2023-01-20 | by ( Matt Grossman | Will Horner | ) www.wsj.com time to read: 1 min

U.S. stocks extended a string of losses Thursday as economic data and corporate-earnings reports clouded investors’ views of the health of the economy. After opening lower, the S&P 500 couldn’t regain much momentum, falling for a third straight day. It dropped 30.01, or 0.8%, to 3898.85. The Dow Jones Industrial Average declined 252.40, or 0.8%, to 33044.56, sliding into negative territory on the year. The technology-heavy Nasdaq Composite Index lost 104.74, or 1%, to 10852.27.

☆ Oil Demand to Hit Record Level This Year as China Reopens, IEA Says
▼ + stars: | 2023-01-18 | by ( Will Horner | ) www.wsj.com time to read: 1 min

The International Energy Agency raised its forecast for Chinese oil demand to 15.9 million barrels a day. China’s rapid shift to reopen its economy following lengthy Covid-19 lockdowns should help oil demand rise to a record level this year, the International Energy Agency said. The energy watchdog lifted its forecast for oil demand growth this year by nearly 200,000 barrels a day to 1.9 million barrels a day. The extra demand means that the IEA now expects total oil demand this year to average 101.7 million barrels a day, well above pre-Covid levels and a record amount.

☆ OPEC Remains Cautious on China Despite Reopening Hopes
▼ + stars: | 2023-01-17 | by ( Will Horner | ) www.wsj.com time to read: 1 min

OPEC left its forecast for global oil demand and global economic growth largely unchanged, and sounded a cautious note about China despite hopes that the nation’s reopening this year would herald a strong rebound in oil demand. The Organization of the Petroleum Exporting Countries, in its closely watched monthly market report, warned Tuesday that China’s reopening could be bumpier than expected and pointed to risks, such as a flare-up in Covid-19 cases, that could delay a rebound in crude demand.

☆ Dow Edges Higher After Surprise Bank of Japan Adjustment
▼ + stars: | 2022-12-20 | by ( Will Horner | Hardika Singh | ) www.wsj.com time to read: 1 min

U.S. stock indexes and bond yields rose after the Bank of Japan surprised investors by raising the cap on a benchmark rate, inching away from its ultrarelaxed monetary policies. The S&P 500 added 3.96 points, or 0.1%, to 3821.62, on Tuesday. The Nasdaq Composite rose 1.08 points, or less than 0.1%, to 10547.11. The Dow Jones Industrial Average gained 92.20 points, or 0.3%, to 32849.74.

☆ U.S. Stocks Climb With Inflation, Rate Outlook in Focus
▼ + stars: | 2022-12-12 | by ( Will Horner | ) www.wsj.com time to read: 1 min

U.S. stocks climbed Monday as investors geared up for a pivotal week for markets that will include consumer-price data and a Federal Reserve policy update. The S&P 500 gained 0.6% and Dow Jones Industrial Average added 0.9%, or about 285 points. The Nasdaq Composite rose 0.3%. On Friday, all three indexes ended the week lower as stronger-than-expected producer-price data prompted jitters about the inflation outlook.

☆ Russian Oil Exports Hold Up Despite Impending EU Ban
▼ + stars: | 2022-11-15 | by ( Will Horner | ) www.wsj.com time to read: 1 min

More than 1 million barrels a day of Russian oil exports are set to be obstructed by Western sanctions that are expected to come into force within weeks, the International Energy Agency said Tuesday, and Moscow will struggle to redirect shipments elsewhere, threatening to further tighten global energy markets. Russian crude oil exports, including to the European Union, were largely unchanged last month, despite the prospect of an imminent EU ban on Russian crude oil imports and a separate plan to cap prices for Russian crude oil sales, the Paris-based agency said in a monthly report.

☆ Oil Market Faces ‘Considerable Uncertainties,’ OPEC Warns
▼ + stars: | 2022-11-14 | by ( Will Horner | ) www.wsj.com time to read: 1 min

OPEC left its forecast for global oil supply and demand largely unchanged Monday, as it warned that major unknowns such as Covid-19 cases in China and the impact of Western efforts to frustrate Russian oil exports made the outlook for energy markets highly uncertain. In its closely followed monthly market report, the Organization of the Petroleum Exporting Countries modestly revised lower its forecast for global oil demand while making small tweaks to its supply forecasts and holding off from making changes to its global economic growth forecasts.

☆ Europe Risks Huge Gas Shortfall Next Summer, IEA Warns
▼ + stars: | 2022-11-03 | by ( Will Horner | ) www.wsj.com time to read: 1 min

Europe must take further steps to limit its gas demand this winter or face a worsening energy crisis next year, the International Energy Agency warned Thursday. The Paris-based agency said although Europe has made good progress weaning itself off Russian energy supplies and filling its gas stockpiles ahead of winter, the continent’s energy security remains in a perilous position and governments were showing signs of complacency.

☆ OPEC Sees Booming Oil Demand Until Middle of Century
▼ + stars: | 2022-10-31 | by ( Will Horner | ) www.wsj.com time to read: 1 min

Demand for oil is set to be stronger than expected in the coming years, OPEC said. OPEC called for trillions of dollars worth of investments in the oil industry over the next two decades to meet what it expects to be booming demand for fossil fuels stretching far into the middle of the century. In an annual report on long-term energy trends, the Organization of the Petroleum Exporting Countries said the oil industry would need investments totaling $12.1 trillion by 2045—$300 billion more than expected last year—to satisfy demand and keep global energy-security concerns at bay.

☆ Peak Fossil-Fuel Demand Is Possible in a Few Years, IEA Says
▼ + stars: | 2022-10-27 | by ( Will Horner | ) www.wsj.com time to read: 1 min

Global demand for fossil fuels could peak starting later this decade, according to a prominent energy forecaster, as part of a faster than expected shift that the agency said has been hastened by the energy crisis stemming from Russia’s invasion of Ukraine. The International Energy Agency, a Paris-based group of some of the world’s biggest energy users, said the war and the disruption to energy markets that it has unleashed has set off a realignment of global supply and demand. If governments make good on policy goals they have set in motion recently in response to the crisis, they would speed up the shift from fossil fuels to cleaner renewable energy, the agency said.

☆ Ukraine Investigates Possible Mine in Odessa Shipping Lane
▼ + stars: | 2022-10-26 | by ( Will Horner | ) www.wsj.com time to read: 1 min

The shipping corridor has provided a crucial lifeline to Ukrainian farmers, as well as a means of helping to ease soaring global grain prices. Officials coordinating a United Nations-backed deal to allow grain exports from the port of Odessa are investigating reports of a mine-like object in the shipping corridor that Ukraine and Russia have agreed to safeguard. The Joint Coordination Center, composed of United Nations, Ukrainian, Turkish and Russian officials, was set up to oversee the smooth running of the deal, which has resulted in the safe export of millions of tons of grain that was bottled up earlier in the war.

☆ Stocks Rise Amid Earnings Stampede, Hopes for Easier Fed Policy
▼ + stars: | 2022-10-25 | by ( Will Horner | Eric Wallerstein | ) www.wsj.com time to read: 1 min

U.S. stock indexes rose on Tuesday following a market rally that propelled the Dow Jones Industrial Average to a six-week high. The S&P 500 rose 1.2% on Tuesday, while the tech-heavy Nasdaq Composite added 1.9%. The blue-chip Dow industrials edged higher by 0.8%. The moves come after two days of strong gains for the major indexes—and as investors continue to gauge company earnings reports.

☆ Stock Futures Rally Ahead of Major Earnings
▼ + stars: | 2022-10-18 | by ( Will Horner | ) www.wsj.com time to read: 1 min

U.S. stock futures jumped, suggesting indexes would rally for a second day after the opening bell as a combination of better-than-expected earnings and an easing of turmoil in U.K. markets lifted investors’ confidence. Futures for the S&P 500 climbed 1.2% while Dow Jones Industrial Average futures rose 0.9% and technology-heavy Nasdaq-100 futures rallied 1.4%. The moves come a day after the major indexes soared, with the Dow jumping over 500 points.

☆ Stocks Notch Second Day of Gains
▼ + stars: | 2022-10-18 | by ( Will Horner | Corrie Driebusch | ) www.wsj.com time to read: 1 min

U.S. stock indexes rose on Tuesday, rallying for a second day as a combination of better-than-expected earnings and an easing of turmoil in U.K. markets lifted investors’ confidence. The S&P 500 climbed 42.03 points, or 1.1%, to 3719.98 while the Dow Jones Industrial Average rose 337.98 points, or 1.1%, to 30523.80 and the technology-heavy Nasdaq Composite moved ahead 96.60 points, or 0.9%, to 10772.40. The moves come a day after the major indexes soared.

☆ OPEC+ Supply Cut Could Tip Global Economy Into Recession, IEA Says
▼ + stars: | 2022-10-13 | by ( Will Horner | ) www.wsj.com time to read: 1 min

OPEC has said higher oil prices are necessary to spur fresh investments in oil production. An oil supply cut from the Organization of the Petroleum Exporting Countries threatens to deepen a global energy crisis by sending oil prices higher at a time of already elevated inflation and weak economic growth, the International Energy Agency said. Last week’s two million barrel-a-day reduction in the group’s output targets, which incurred sharp criticism from the U.S. and its partners, will tighten the oil market further at a moment of extreme vulnerability with few additional sources of supply available to compensate, the Paris-based agency said Thursday.

☆ OPEC Slashes Oil-Demand Forecasts After Supply Cuts
▼ + stars: | 2022-10-12 | by ( Will Horner | ) www.wsj.com time to read: 1 min

The Organization of the Petroleum Exporting Countries slashed its forecasts for global economic growth and crude-oil demand, offering a justification for the cartel’s recent 2 million barrel-a-day supply cut that it said was part of ongoing efforts to balance oil markets. In its closely watched monthly report on Wednesday, the oil-producers group lowered its global gross domestic product forecasts to 2.7% from 3.1% for 2022 and to 2.5% from 3.1% for 2023. It cited elevated inflation, rising interest rates and geopolitical tensions as factors that were weakening the global economy and would reduce demand for oil.

☆ Stock Futures Rebound After Dow Enters Bear Market
▼ + stars: | 2022-09-27 | by ( Will Horner | ) www.wsj.com time to read: 1 min

U.S. stock futures gained, putting indexes on course to open higher following five days of punishing losses that pushed the Dow Jones Industrial Average into a bear market and sent the S&P 500 down to its lowest level in almost two years. Futures tied to the broad S&P 500 rose 1.5% Tuesday, Dow futures added 1.2% and technology-heavy Nasdaq-100 futures climbed 1.8%. On Monday the major indexes tumbled on concerns that rapidly rising interest rates could prompt economic pain.

☆ Dow Slips Again After Entering Bear Market
▼ + stars: | 2022-09-27 | by ( Will Horner | Vicky Ge Huang | ) www.wsj.com time to read: 1 min

The Dow industrials and the S&P 500 fell again Tuesday as investors parsed a spate of economic data and comments from Federal Reserve officials. All three indexes spent much of the morning in the green, but it didn’t last. The Dow Jones Industrial Average, which entered a bear market on Monday, fell 125.82 points, or 0.4%, to 29134.99. That marked its sixth consecutive day in the red.

☆ Bank of England Raises Rates for Seventh Successive Time to Fight Inflation
▼ + stars: | 2022-09-22 | by ( Will Horner | ) www.wsj.com time to read: 1 min

The Bank of England raised its key interest rate for the seventh time in a row on Thursday. LONDON—The Bank of England raised its key interest rate for the seventh consecutive time Thursday but held off from quickening the pace of its rate increases, as government measures to cap soaring energy bills promised to ease inflation in the months ahead. In a statement, the bank raised its key rate to 2.25% from 1.75%, marking the second time in as many meetings that the bank has opted for a half-percentage point increase, and the seventh rate rise in a row—its longest cycle of interest rate increases since the late 90s.

☆ World’s Central Banks Race to Raise Rates After Fed Increase
▼ + stars: | 2022-09-22 | by ( Will Horner | ) www.wsj.com time to read: 1 min

LONDON—Central banks around the world responded to the Federal Reserve’s aggressive rate increases with a flurry of their own moves aimed at fighting the effects of a soaring dollar and rising inflation. Many raised rates by larger-than-expected margins in a day that analysts at ING had billed as “Super Thursday.” Even some countries that didn’t move rates took other action to ease the growing inflation pressure.

☆ Stock Futures Steady Ahead of Expected Fed Rate Rise
▼ + stars: | 2022-09-21 | by ( Will Horner | ) www.wsj.com time to read: 1 min

U.S. stock futures flicked between small gains and losses ahead of an expected Federal Reserve rate increase, while a sharp escalation of threats from Russian President Vladimir Putin lifted prices for energy and safe-haven assets. Futures tied to the broad S&P 500 index inched up less than 0.1% Wednesday, while blue-chip Dow Jones Industrial Average futures were flat and technology-heavy Nasdaq-100 futures weakened 0.1%. Major indexes closed lower Tuesday on expectations of tighter monetary policy.

☆ Stock Futures Edge Higher Ahead of Expected Fed Rate Rise
▼ + stars: | 2022-09-21 | by ( Will Horner | ) www.wsj.com time to read: 1 min

U.S. stock futures gained ahead of an expected Federal Reserve rate increase, while a sharp escalation of threats from Russian President Vladimir Putin lifted prices for energy and safe-haven assets. Futures tied to the broad S&P 500 index inched up 0.4% Wednesday, while blue-chip Dow Jones Industrial Average futures added 0.3% and technology-heavy Nasdaq-100 futures rose 0.2%. Major indexes closed lower Tuesday on expectations of tighter monetary policy.

☆ Stocks End Lower After Fed Rate Increase
▼ + stars: | 2022-09-21 | by ( Akane Otani | Will Horner | ) www.wsj.com time to read: 1 min

U.S. stocks finished sharply lower after the Federal Reserve said it would raise interest rates again and signaled the need for further rate increases in the months ahead. Trading was volatile Wednesday. Stocks were up throughout the morning, then dropped shortly after the Fed’s announcement. They then jumped back into the green within the hour, only to tumble in the final hour of trading.

☆ Lack of Global Collaboration Risks COP26 Goals, IEA Report Says
▼ + stars: | 2022-09-19 | by ( Will Horner | ) www.wsj.com time to read: 1 min

A lack of global collaboration in rolling out sustainable technologies is hampering efforts to meet key targets set at last year’s COP26 climate conference, according to an independent report commissioned by nations that attended the landmark conference hailed as a critical turning point in tackling climate change. More than 40 nations, accounting...

EuropeIAEA Director General Rafael Grossi said he remained gravely concerned about the situation at the nuclear plant, which sits close to the front line of the Ukraine war, urging the establishment of a safety zone around the site as soon as possible.

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