Microsoft, Chevron and 3 Other Favorite Stocks to Buy, According to Advisors

For most of 2022, the market has been a grim place, with stocks swept up in the Federal Reserve’s war on stubbornly high inflation. But while the long-term outlook for markets might seem gloomy, individual stocks can shine. Wise investors give their holdings years, not months, to pay off. With that in mind, Barron’s asked … Read more

Raging Markets Selloff in Five Charts: $36 Trillion and Counting

Gauges of currency and bond volatility have been a leading indicator of the ongoing rout. They have been elevated most of this year, with the ICE BofA Treasury volatility index approaching levels hit when the pandemic erupted in 2020. However, the CBOE Volatility Index, known as Wall Street’s fear gauge, remains below levels seen during … Read more

Putin Says Four Regions’ Annexation Is ‘Forever’

President Vladimir Putin early Friday signed decrees recognizing the “independence” of occupied Kherson and Zaporizhzhia in Ukraine as a prelude to absorbing those regions, as well as Donetsk and Luhansk, into Russia — a move that’s expected later today. Putin is also expected to address legislators.

Oil Traders Regain Their Swagger With World Desperate for Fuel

“Energy security is number one, price is number two, sustainability is number three,” said Russell Hardy, chief executive officer at Vitol Group, the world’s top oil trader by volume. “That’s the short-term set of priorities. The long set of priorities haven’t changed, they’re the other way around.”

Brazil’s Election Is Almost Here. Get Ready to Buy Petrobras Stock.

Chocolate and peanut butter go together; falling oil prices and Brazilian political uncertainty most certainly do not. Yet Petrobras stock may still be worth buying. Yes, that sounds like a terrible idea, at least at first glance. Petróleo Brasileiro, or Petrobras (ticker: PBR), as it is more commonly known, is the Brazilian national oil company, … Read more

Gas prices California: Energy expert explains recent spike in cost of gasoline

LOS ANGELES (KABC) — Gas prices are skyrocketing once again in California. In Los Angeles County, the price for a gallon of gas jumped 16 cents overnight and about 70 cents in the last week. The big question many California residents have is why are prices spiking? “Today there are four major refineries that are … Read more

5 Favorite Stocks From Advisors. Buy Them for the Long Haul.

For most of 2022, the market has been a grim place, with stocks swept up in the Federal Reserve’s war on stubbornly high inflation. But while the long-term outlook for markets might seem grim, individual stocks can shine. Wise investors give their holdings years, not months, to pay off. With that in mind, Barron’s asked … Read more

Oil Edges Lower as Slowdown, Dollar Outweighs Supply Concerns

Supply concerns remained at the fore, after US government data showed an unexpected decline in commercial oil stocks last week, signaling improving demand. Crude inventories contracted by 215,000 barrels, even as stockpiles at the storage hub at Cushing, Oklahoma, expanded. Gasoline stocks fell.

Oil Rises as US Crude Inventories Show First Decline in a Month

West Texas Intermediate rose as much as 3.4% to trade above $81 a barrel. Crude inventories fell 215,000 barrels last week, the US Energy Information Administration reported. The country’s demand for distillates, which includes diesel, jumped last week bringing the four-week average back above 2020 levels for this time of year. Meanwhile, leaks in three … Read more

Nord Stream Leaks Spur Scramble to Protect Europe’s Energy Infrastructure

The European Union on Wednesday threatened retaliation for any further attack on Europe’s energy facilities following the incidents on the Nord Stream and Nord Stream 2 pipelines. The pipes suffered a significant pressure drop on Monday and began leaking gas into the sea. While the incidents don’t affect Europe’s gas supply because the pipelines aren’t … Read more