World oil costs could strike an eye-wateringly higher of $380 a barrel if Vladimir Putin responds to sanctions with cuts to crude oil output, economical professionals have warned. JPMorgan Chase analysts anxiety the ‘stratospheric’ rise, which would just about quadruple the present cost of a barrel of Brent crude, could […]
crude
Stocks were mostly lower Tuesday with technology stocks under further pressure, as investors further mulled the market implications of Federal Reserve Jerome Powell’s renomination to lead the central bank. The S&P 500 ticked down. A day earlier, the blue-chip index had set an all-time intraday high before pulling back to […]